PM Shehbaz presses for grant-based climate financing at COP31

November 12, 2026 (MLN): Prime Minister Shehbaz Sharif has called for grant-based financing, including public-private partnerships, along with a significant increase in resilience and adaptation funds, especially for struggling economies facing climate disasters.

Addressing the COP31 Summit in Antalya, Turkiye, today, he stressed that vulnerable countries need timely support after climate disasters that does not deepen their debt, according to a press release issued.

Shehbaz Sharif said climate change knows no borders and no nation can face it alone, adding that solidarity must translate into real action.

He referred to the death and destruction caused by the 2022 flash floods in Pakistan, and thanked the Turkish leadership and people for standing with Pakistan during the 2010 and 2022 floods.

He said their solidarity and friendship will remain in the hearts and memories of Pakistanis.

The prime minister also pointed to Pakistan’s steps to promote clean energy, noting that clean sources now make up nearly 55% of the country’s energy mix.

He said Pakistan is advancing electric mobility and has set a target to cut its projected emissions by about 50% by 2035.

However, he said national efforts cannot replace a fair and just global response, and that those who have contributed least to climate change bear its heaviest consequences.

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