Pakistan set to launch first Green-Tech Hub

Pakistan's first Green-Tech Hub aims to lead in green technologies and attract global investors at COP29.

ISLAMABAD:

Coordinator to the Prime Minister on Climate Change, Romina Khurshid Alam, announced that Pakistan's first Green-Tech Hub (G-TH) will soon be launched as a state-of-the-art facility to transform the nation's energy landscape by fostering green technologies, renewable energy, and eco-friendly innovations.

Addressing a webinar on the creation of G-TH, organised by Paklaunch.com in collaboration with the Ministry of Climate Change and Environmental Coordination (MoCC&EC), Alam stated that the initiative, supported by the Government of Pakistan, private stakeholders, academic institutions, and international green technology leaders, aims to position Pakistan as a regional leader in sustainable innovation. Alam also revealed that efforts are underway to showcase key projects at Pakistan's Pavilion during the two-week UN-led global climate summit (COP29), scheduled to start on November 11 in Baku, Azerbaijan. The event, expected to draw 40,000-50,000 delegates from over 192 countries, will provide an opportunity to attract global investors for Pakistan's climate resilience goals.

"Showcasing these initiatives at COP29 will help draw global and local investors to fund projects critical to Pakistan's environmental sustainability," Alam remarked.

The global leaders at this year's annual global climate conference, which is the second largest gathering of head of states, international leaders and civil society members after UN General Assembly (UNGA), will strive to finalise the first enhanced transparency framework and establish a new collective quantified goal on climate finance, among other critical issues of adaptation, mitigation, transfer of technology and technical know-how.

She emphasised, "The future of technology is green, and the G-TH will represent Pakistan's best talent, ambition, and innovation." The hub will serve as an incubator for green startups, a research centre for advanced technologies, and a collaboration space for entrepreneurs.