Overview
- Pakistan and the Asian Development Bank finalized two agreements totaling $304.5 million to fund a Sindh coastal resilience project and a Punjab climate‑smart mechanisation program.
- Financing for the Sindh Coastal Resilience Sector Project totals $180.5 million, including a $140 million ADB loan, a $0.5 million ADB technical assistance grant, $40 million from the Green Climate Fund, and $20 million from the Sindh government.
- The Sindh project targets integrated water resources and flood risk management and nature‑based coastal defenses, with more than 3.8 million people in Thatta, Sujawal, and Badin expected to benefit.
- The Punjab Climate Resilient and Low Carbon Agriculture Mechanisation Project carries $120 million in ADB loans, a $4 million ADB grant, and $5 million from the Punjab government to support 30 districts.
- Planned Punjab measures include wider access to climate‑smart machinery, circular agriculture to reduce crop residue burning, new testing and training facilities, and skills and livelihood support for 15,000 women; the accords were signed in Islamabad by Secretary Muhammad Humair Karim, ADB Country Director Emma Fan, and provincial representatives with commitments to timely delivery.