Tag Climate Finance

FROM HIMALAYAN GLACIERS TO INDUS FLOODS: WHY PAKISTAN’S CLIMATE CRISIS DEMANDS COP29’S NEW CLIMATE FINANCE PLEDGES

A dramatic landscape showing a large, winding river flowing from melting Himalayan glaciers through a valley and flooding a rural village and farmland below. The glaciers are visible high in the misty, snow-capped mountains, feeding the swollen river. The floodwaters surround houses and fields in the foreground.

Despite being a low emitter, Pakistan ranks 8th on the Global Climate Risk Index. Pakistan needs $348B by 2030 in climate finance, to build resilience against Himalayan glacier melt and Indus floods. The COP29 New Collective Quantified Goal (NCQG) must deliver grant-based, debt-free financing to stabilize this vulnerable economy and uphold global climate justice.