Climate change abatement and Pakistan’s views on the Israel-Gaza war

Pakistan has been very vocal on Gaza, saying Israel should be held to account for any war crimes that it may have committed.

Mr Khan reiterated his country’s calls for a permanent ceasefire and for the establishment of multiple aid corridors to help Gazans.

He also called for a “time-bound formula” to guarantee progress towards a two-state solution.

“The United States can lead that effort to ensure the establishment of a Palestinian state and to make a two-state solution a reality,” he said.

Mr Khan said recent weather events in Pakistan illustrate the urgent need for nations to contribute to the Loss and Damage Fund that went into operation in 2022. The fund was established to help people in vulnerable communities recover from the effects of climate change.

Jacobabad, in Sindh province, is one of the hottest cities on Earth, with temperatures last year touching 51°C. A deadly heatwave across South-east Asia has hit Pakistan hard, just two years after floods across the country caused more than $30 billion of damage.

“There are many ways in which we can mitigate these devastations over time. We need money,” he said.

“We need for this kind of transformation to a climate-resilient economy. We need at least $100 billion for renewables, for afforestation and so on.”

On the broader Pakistani economy, Mr Khan pointed to several sectors Islamabad is focusing on in terms of drawing greater foreign investment, including IT, mining, agriculture and energy.

Pakistan is on track to secure a new loan from the International Monetary Fund and macroeconomic factors are shifting in its favour as it works to boost its economy, the country’s finance minister told The National in April.

Pakistan’s stock market has been on a tear after reforms agreed to with the IMF, almost doubling in the past year to become the world’s top performer in dollar terms.

Islamabad is still finalising terms of a new loan from the IMF that reportedly could be as much $8 billion.