Sustainable Development Policy Institute (SDPI) reposted this
Pakistan contributes only 0.9% to global greenhouse gas emissions, yet it ranks as the 5th most climate-vulnerable nation. This underscores the urgency for robust climate action plans and the critical role of the private sector. To provide a roadmap emphasizing public-private partnerships to mitigate climate change, the OICCI has launched a report on August 21, 2024, titled, '𝗣𝗮𝗸𝗶𝘀𝘁𝗮𝗻’𝘀 𝗖𝗹𝗶𝗺𝗮𝘁𝗲 𝗖𝗿𝗼𝘀𝘀𝗿𝗼𝗮𝗱𝘀: 𝗣𝗿𝗶𝘃𝗮𝘁𝗲 𝗦𝗲𝗰𝘁𝗼𝗿 𝗦𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀 𝘁𝗼 𝗣𝗮𝗸𝗶𝘀𝘁𝗮𝗻’𝘀 𝗖𝗹𝗶𝗺𝗮𝘁𝗲 𝗖𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲𝘀.' A press briefing and discussion was held with various media representatives, who highlighted the essential role of the private sector in driving climate action and the crucial necessity of implementing thorough climate strategies. With insights from industry leaders and a focus on sustainable solutions, this report is a vital step towards a greener future for Pakistan. The report launch was preceded by an insightful session on Emerging Sustainability Challenges in Pakistan and the Way Forward by Dr. Abid Qaiyum Suleri, Executive Director of the Sustainable Development Policy Institute (SDPI) and International Advisory Committee Member of #COP29. 𝙆𝙚𝙮 𝙏𝙖𝙠𝙚𝙖𝙬𝙖𝙮: ▶Importance of ESG and the challenges of implementing ESG standards, including a lack of awareness and binding legal framework, and the need for capacity building and certification. ▶The political economy factors influencing ESG implementation, including policy, regulation, and economic incentives. ▶Imperative for Pakistan to focus on carbon emissions, given the current significantly high levels, and the imminent implementation of the carbon border adjustment mechanism (CBAM) in 2026. ▶Call for a balanced approach to ESG, prioritizing the carbon footprint while addressing other environmental and social responsibilities. Dr. Khalid Waleed, Andrew Bailey, M Abdul Aleem, Rehan Shaikh, Kashif Shafi, Hussain Ali Talib, Fatima Arshad 🦋, Ramlah Tariq, Nisma Chauhan, Sakina Chakera, Moin Iqbal, Salman Siddiqui, Nisma Riaz, Fatima Attarwala, Ahmed Malik, Saadiya Atiq. #ClimateAction #Sustainability #ESG #PrivateSector #GreenEconomy #Pakistan
Excellent initiative.. I don’t see much representation of OCAC here. it would have been more worthwhile to bring them onboard as no one can set the metrics to control fuel based emissions better then them.
Masha Allah.
As a proud Generation Xer, the qualities of being resourceful, independent, and balanced are the ones that define me. I have used these qualities to carefully craft my career as a Business Professional.
2moDespite contributing just 0.9% to global #emissions, Pakistan faces severe climate vulnerability. Urgent public-private #partnerships are essential to drive awareness, innovation, and #sustainable practices. Collaboration between the #government, #businesses, and #communities can help mitigate climate risks and secure a resilient #future for generations to come.