IMF Board expected to clear $200m for Pakistan amid climate finance push

May 07, 2026 (MLN): Pakistan is expected to receive $200 million from the International Monetary Fund under its Resilience and Sustainability Facility (RSF), with the IMF board set to take up the matter on Friday.

Finance Minister Muhammad Aurangzeb said while addressing the Breathe Pakistan International Climate Change Conference 2026, organized by Dawn Media.

Drawing a contrast with the 2022 floods, when Pakistan turned to Geneva for international pledges that largely went unrealized due to project financing conditions, the minister said the country was better positioned this time around.

 He noted that economic and financial buffers allowed the government to manage losses from the 2025 floods without international pledges.

On climate financing, Finance minister Aurangzeb said Pakistan receives $600–700 million annually through the World Bank and Asian Development Bank.

The government is also pursuing green financing avenues including Panda Bonds worth the equivalent of $250 million in RMB and locally issued green Sukuks, while stressing the importance of developing investment-ready, bankable projects to attract capital.

The minister also called for an accelerated shift to renewable energy solar, wind, and hydro to reduce the country's reliance on fossil fuels, reaffirming government support for the transition through subsidies and guarantees.

He also warned that climate change could not be addressed in silos, urging all government ministries to work in concert and bring the issue into mainstream policymaking. Without that coordinated approach, he cautioned, the discourse risked remaining an academic exercise rather than translating into meaningful action.

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