Pakistan seeks clean energy funding at UN

UNITED NATIONS:

Pakistan has called for supportive global policies to enable cash-strapped developing countries to navigate the energy transition at an event commemorating 'International Day of Clean Energy'.

"Developing countries with limited fiscal space are unable to invest in costly energy projects without enhanced access to finance," Ambassador Usman Jadoon, deputy permanent representative of Pakistan to the UN, told delegates the other day.

The special event, held at UN Headquarters in New York, was organized by the "Group of Friends of Energy", an informal coalition of member states that actively collaborate and advocate for policies and initiatives focused on promoting sustainable energy access and development on a global scale, Pakistan co-sponsored the event.

The President of the General Assembly, Philemon Yang, was among those who attended the meeting.

Noting UN data of continued growth in the global deployment of clean energy technologies, especially in solar, electric vehicles and new wind power sectors as also downward equipment costs, the Pakistani envoy pointed out that the progress was uneven across different regions and technologies.