Pakistan, World Bank to sign $188 mn disaster resilience, ecosystem restoration pact

Pakistan, World Bank to sign $188 mn disaster resilience, ecosystem restoration pact

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Islamabad: The World Bank has agreed to work with Pakistan to support US $ 188 million for disaster resilience and ecosystem restoration through more reliable and timely weather forecasts, improved disaster risk management services, and helping to address increasingly severe environmental challenges plan.

Muhammad Saleem, head of the Ministry of Climate Change, said: “The World Bank has expressed to the Pakistani government the provision of an ambitious five-year US $ 188 million ‘Pakistan Hydrological and Ecosystem Restoration Service (PHERS) Willingness for financial support. ‘Project, the project will end in fiscal year 2024-25.

When sharing the details of the bilateral partnership with APP, he said that in this regard, the signing ceremony of the agreement originally scheduled for June 1 in the Ministry of Climate Change will be conducted by the Prime Minister ’s Climate Change Advisor Malik Amin Aslan Aslam). And Illango Patchamuthu, the head of the World Bank in Pakistan.

It is reported that key government officials of the Ministry of Climate Change, the Ministry of Economic Affairs, the Aviation Department, the Chief Executive Officer of the Pakistan National Disaster Risk Management Fund, the Pakistan Meteorological Department and the National Disaster Management Authority will attend the ceremony. Salem.

He said that when sharing the details of the project, the Pakistan Hydrology and Ecosystem Restoration Services project will be implemented through the Pakistan National Disaster Risk Management Fund (NDRMF). Pakistan is a government-owned company department established under Article 42 of the 2017 Company Law and managed by climate change.

Explaining the components and subcomponents of the project, Muhammad Saleem, the media liaison for climate change, said that the project consists of two parts, namely “hydrometeorological and climate services” and “disaster risk management”.

The first component is further divided into four sub-components, namely institutional strengthening and capacity building, modernization of observation infrastructure; data management and forecasting system; strengthening service delivery of Pakistan Meteorological Department (PMD) and establishing partnership with the private sector; Finally, PMD project management, system integration, monitoring and implementation support.

The second part “Disaster Risk Management” is divided into three sub-parts, namely: legal policy and institutional strengthening; he added that flexible infrastructure and NDMA project management, monitoring and implementation support.

Climate change officials pointed out that Pakistan successfully implemented a world-famous five-billion-tree tsunami project in Khyber Pakhtunkhwa Province, and has now implemented a wider ecosystem restoration through the implementation of advanced initiatives Plan to gain reliable and reliable experience. The “10 Billion Tree Tsunami Project” is part of the current government ’s green and clean Pakistani political declaration, which aims to restore Pakistan ’s green vegetation and protect wildlife and its habitat, protect biodiversity ecosystems, and quickly consume land And natural resources such as water.

However, the new ambitious project “Pakistan ’s Hydrological and Ecosystem Restoration Services” that began in cooperation with the World Bank and various government agencies this year is actually an action plan based on evidence and experience gained from ecosystem restoration Part of the United Nations Decade of Ecosystem Recovery (2020-2030).

Salem said the project will become an effective tool for managing environmental degradation and climate change risks, while promoting economic growth, livelihoods and poverty eradication.

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