Overview
- Shehbaz Sharif told the UN that “loans over loans” are not a solution and urged richer nations to deliver sustainable climate finance.
- He reported that 2025’s extreme rains affected over five million people, destroyed 4,100 villages and killed more than 1,000, recalling 2022 flood losses above $30 billion.
- Pakistan says it has met its 2021 unconditional target of a 15% cut in projected emissions by 2030, with renewables now above 32% of the power mix and solar up sevenfold since 2021.
- The government cited 23,000 hectares of restored mangroves and warned that inadequate international finance is severely hampering adaptation efforts.
- Sharif announced targets to lift renewables and hydropower to 62% by 2035, add 1,200 MW of nuclear by 2030, shift 30% of public transport to clean mobility and build 3,000 charging stations, as the UN chief pressed for $1.3 trillion a year and debt-relief tools.