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Recharge Pakistan Project Secures $77.8 Million Funding to Combat Climate Change

News Desk by News Desk
July 12, 2023
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Recharge Pakistan Project Secures $77.8 Million Funding to Combat Climate Change
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Federal Minister for Climate Change and Environmental Coordination Senator Sherry Rehman revealed a significant update regarding the Recharge Pakistan project, as it successfully secured an approval of $77.8 million in funding. Senator Rehman took to Twitter to share the news with the public and expressed her optimism, terming it as a positive development for Pakistan.

 

Recharge Pakistan Initiative to Be Implemented over 7 Years

Senator Rehman went on to say that the Recharge Pakistan plan would be implemented over the following seven years. The project is funded through green climate finance resources of US$ 66 million, as well as co-financing of roughly US$ 11.8 million. The project’s major goal is to implement ecosystem-based adaptation methods such as flood water harvesting, flood risk management, the creation of green infrastructure in key locations, and the capacity building of climate-affected communities.

 

Government and Stakeholder Capacity Building for Climate Change Projects

In addition to the ecosystem-based adaptation measures, the Recharge Pakistan project also focuses on enhancing the capacity of the government of Pakistan, including all provinces and stakeholders, to effectively implement climate change projects. The initiative aims to equip the government and relevant parties with the necessary knowledge and resources to address the challenges posed by climate change effectively.

 

Recharge Pakistan Project: A Milestone Achievement in Climate Change Efforts

Senator Rehman emphasized that the approval of the Recharge Pakistan project marks a significant milestone for the government. She expressed confidence that the project would prove to be highly beneficial in combating the adverse effects of climate change. With its comprehensive approach encompassing ecosystem-based adaptation, flood water harvesting, and capacity building, the Recharge Pakistan project sets the stage for a more resilient and sustainable future for the country.

 

The Recharge Pakistan project, with its substantial funding approval, demonstrates the government’s commitment to addressing climate change and its impacts. By focusing on ecosystem-based adaptation measures and building capacity at various levels, the initiative aims to create a more sustainable and climate-resilient Pakistan.

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