Pakistan, ADB formalize $304m climate resilience projects

News Image

MG News | December 31, 2025 at 09:49 AM GMT+05:00

December 31, 2025 (MLN):  Pakistan and the Asian Development Bank (ADB) have formalized two climate resilience projects valued at 304.5 million dollars through agreements signed on Tuesday.

The documents were signed by Secretary Economic Affairs Muhammad Humair Karim on behalf of the Government of Pakistan, while ADB was represented by its Country Director, Ms. Emma Fan, according to a press release issued.

The initiatives include the Sindh Coastal Resilience Sector Project, costing $180.5m, and the Punjab Climate Resilient and Low Carbon Agriculture Mechanization Project with an allocation of $124m.

The Sindh project focuses on improving water management and flood protection systems, rehabilitating natural coastal barriers, and enhancing the capacity of institutions and local communities for effective climate planning.

More than 3.8 million residents of Thatta, Sujawal, and Badin districts are expected to benefit.

The Punjab agriculture project aims to strengthen climate-resilient farming practices in 30 districts of the province.

Key components include providing small farmers with access to climate-friendly machinery, promoting residue management to discourage crop burning, setting up training and testing centers, and supporting the economic empowerment of 15,000 women through skills development and diversified livelihoods.

 

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 181,430.02
376.06M
-0.19%
-346.57
ALLSHR 109,168.67
713.66M
-0.13%
-139.83
KSE30 54,263.26
125.13M
-0.24%
-128.56
KMI30 255,651.73
86.61M
-0.19%
-483.04
KMIALLSHR 69,991.04
446.60M
-0.05%
-33.30
BKTi 52,205.98
60.34M
-0.31%
-161.74
OGTi 35,363.45
11.64M
0.17%
60.63
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 65,210.00 65,280.00
65,035.00
35.00
0.05%
BRENT CRUDE 82.38 84.44
81.50
-0.11
-0.13%
RICHARDS BAY COAL MONTHLY 105.50 105.50
105.50
-0.25
-0.24%
ROTTERDAM COAL MONTHLY 116.25 117.00
116.25
-0.10
-0.09%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00
0.00
0.00%
CRUDE OIL - WTI 77.08 78.77
76.53
-0.21
-0.27%
SUGAR #11 WORLD 16.49 16.50
15.49
0.92
5.91%

Chart of the Day


Latest News
August 08, 2026 at 12:25 AM GMT+05:00

Govt cuts petrol price by Rs2.20/litre, diesel by Rs1.50


August 08, 2026 at 12:15 AM GMT+05:00

Weekly Market Roundup


August 07, 2026 at 10:14 PM GMT+05:00

Industrial giant FF Steel kicks off IPO journey


August 07, 2026 at 05:52 PM GMT+05:00

12 Investor consortiums submit EOIs for FESCO privatization


August 07, 2026 at 05:15 PM GMT+05:00

IFC backs Pakistan’s Novatex with $20m loan



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg