The Green Climate Fund (GCF) has announced $66 million in funding to support ‘Recharge Pakistan, a project to enhance Pakistan’s resilience to climate change by improving water systems and investing in green infrastructure.
Overall, this $77.8 million partnership is the largest-ever investment in an ecosystem-based approach to build Pakistan’s climate resilience.
In addition to the GCF funding, the project is supported through a collective $12 million investment and technical support from The Coca-Cola Foundation, The U.S. Agency for International Development (USAID), and WWF-Pakistan. They all come together to prioritize climate change efforts by expanding large-scale green infrastructure, wetlands development, flood-plains management and local businesses in the agriculture and forestry.
Saadia Madsbjerg, President of The Coca-Cola Foundation, acknowledged the magnitude of the challenge, stating, “As we strive to address the far-reaching impacts of climate change in a populous nation like Pakistan, we must rely on collective creativity and a steadfast commitment. With our funding for Recharge Pakistan, we aim to make a positive difference in the lives of over seven million people and extend support to communities most susceptible to the threat of floods”.
Published in The Express Tribune, July 23rd, 2023.
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