Post by Sustainable Development Policy Institute (SDPI)
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โช๏ธ| ๐๐ฅ๐ข๐ฆ๐๐ญ๐ ๐๐จ๐ง๐ฌ๐ข๐๐๐ซ๐๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐๐๐จ๐ง๐จ๐ฆ๐ข๐ ๐๐ฅ๐๐ง๐ง๐ข๐ง๐ โ ๐๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ |โช๏ธ ๐น SDPI, in collaboration with the Embassy of Denmark in Pakistan, convened a Parliamentary Consultation on integrating climate considerations into Pakistanโs economic and budgetary planning, fostering dialogue on climate-resilient and sustainable development pathways. ๐ธ"Climate action and economic growth should be viewed as complementary, not competing, priorities. Integrating climate considerations into economic planning can strengthen resilience, create new opportunities for sustainable development, and support long-term prosperity. International partnerships and the exchange of knowledge remain essential as each country charts its own pathway towards a climate-resilient future." โ H.E. Maja Derrous Mortensen, Ambassador of Denmark to Pakistan ๐ธ"Pakistan's budget is being shaped by commitments to macroeconomic stability and climate resilience at a time when global climate finance is becoming increasingly constrained. This makes it imperative to strengthen climate-responsive budgeting, support provincial development priorities, and build partnerships that advance a resilient and sustainable economy." โ Dr. Abid Qaiyum Suleri, Executive Director, Sustainable Development Policy Institute (SDPI) ๐ธ"Pakistan's transition towards a greener economy requires fiscal policies that are coherent and enabling. While climate financing and resource mobilization remain essential, taxation should encourage renewable energy adoption. Taxing key solar components such as inverters, while exempting solar panels, creates inconsistencies that increase costs and slow the clean energy transition." โ Dr. Mirza Ikhtiar Baig, Member Standing Committee on Finance and Revenue, National Assembly of Pakistan ๐ธ"Climate change is no longer solely an environmental concern; it has become a national security and economic imperative. Strengthening climate-responsive budgeting and integrating resilience into development planning are essential to safeguarding Pakistan's agriculture, economy, and long-term prosperity." โ Asad Alam Niazi, Member National Assembly of Pakistan ๐ธ"Pakistan's climate finance needs are estimated at USD 348 billion by 2030, yet the FY2026โ27 climate-tagged federal budget stands at only Rs. 214 billion. With nearly Rs. 2.026 trillion expected to be generated through climate and green-linked revenues, stronger climate budgeting, expenditure tracking, and accountability are essential to ensure these resources translate into measurable resilience outcomes." โ Ms. Zainab Naeem, Head Ecological Sustainability & Circular Economy Unit, SDPI Dr. Abid Qaiyum Suleri | Dr. Khalid Waleed | Ubaid ur Rehman Zia | Maja Mortensen Peter Emil | Daniya Basit #FederalBudget2026 #ClimateFinance #ClimateBudgeting #EconomicPlanning #PublicFinance