Pakistan may lose foreign investment in different sectors if it fails to deal with the challenges of climate change because multinational companies will then prefer to invest in India, Bangladesh and other developing countries that are investing heavily in their natural environment.
Tahir Mir, an environmentalist, said Pakistan launched its National Climate Change Policy to cope with the threats of climate change through adaptation and mitigation measures but it miserably failed to achieve any target in this respect.
He said after the 18th Amendment, the environment ministry was devolved to the provinces and now there is no cooperation between the centre and the provinces to deal with the menace.
“Being a predominantly agricultural economy, climate change is estimated to decrease crop yields in Pakistan not only as a result of flooding, but also as a result of changing temperatures, which in turn will affect livelihoods and food production,” he said.
Started in year 2010, ‘Climate Himalaya’ initiative has been working on Mountains and Climate linked issues in the Himalayan region of South Asia. In the last five years this knowledge sharing portal has become one of the important references for the governments, research institutions, civil society groups and international agencies, those have work and interest in the Himalayas. The Climate Himalaya team innovates on knowledge sharing, capacity building and climatic adaptation aspects in its focus countries like Bhutan, India, Nepal and Pakistan. Climate Himalaya’s thematic areas of work are mountain ecosystem, water, forest and livelihood. Read>>