Episode notes
Climate finance is a multifaceted concept, referring to finance activities that are aimed towards mitigating and adapting to the impacts of climate change. As per the Nationally Determined Contributions, Pakistan aims to reduce its greenhouse gas emissions to 50% by the year 2030, which calls for about USD 151 billion of investment just for energy sector mitigation by 2040, this is where climate financing comes into play for Pakistan. In the latest episode of Let's talk Development, Dr. Abrar Chaudhury and Sara Hayat talk about climate finance, focusing on what climate change really encompasses and the obstacles for Pakistan’s climate finance mobilisation.