The second phase of the China-Pakistan Economic Corridor (CPEC) offers a strategic platform to redirect Pakistan's growth trajectory towards green industrialisation, providing opportunities to integrate low-carbon technologies and promote sustainable development, said experts and officials.
They made the remarks during a recent seminar on green industrialisation, organised by the Sustainable Development Policy Institute (SDPI), an Islamabad-based think tank, according to Xinhua news agency.
Speaking on the occasion, Shamshad Akhtar, former federal finance minister, said that Pakistan has benefited from China's investments in renewable energy, electric vehicles and solar panels.
"Policymakers need to prioritise green finance as a national imperative as part of bilateral cooperation with China under CPEC," she said, adding that Pakistan must align its frameworks with China's rapidly evolving climate finance ecosystem by adopting innovative financing models such as green bonds, debt-for-nature swaps and green Special Economic Zones.
This article originally appeared on China Economic Net
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