ISLAMABAD – As the world comes to terms with the effects of global environmental change on zoonotic disease risks and the links between biodiversity and habitat loss, global pandemics such as COVID-19, and climate change, the Global Landscapes Forum (GLF) community, of which ICIMOD is a Charter member, is issuing a powerful prescription for averting these crises, with seven recommendations to harness the power of landscapes to safeguard biodiversity.
A new document by the GLF and Youth in Landscapes Initiative (YIL), One World, One Health: recommendations for harnessing the power of landscapes, confronts such realities as the mass extinction that could see up to a million species disappear from the earth in the coming decades. It outlines seven immediate steps:
These are some recommendations from the report One World, One Health, which is being released today. These solutions and potent pathways grew out of the GLF Biodiversity Digital Conference 2020 “One World, One Health” (28-29 October 2020), which reached 35 million people on social media.
ICIMOD hosted a session at the One World, One Health conference to highlight the links between biodiversity, landscapes, culture, and health in a post-COVID “new normal”. Speakers from Bhutan, China, India, Nepal, and Pakistan participated in the session to address critical questions related to biodiversity conservation and sustainable development in the Hindu Kush Himalaya (HKH).
This report by GLF builds on ICIMOD’s session at the GLF Biodiversity Conference and included the HKH Call to Action as part of the recommendations.
“The HKH is facing rapid population growth, unsustainable development, migration, and climate change, with COVID-19 further compounding these challenges,” said Pema Gyamtsho, Director General of ICIMOD at the GLF Biodiversity Conference last year.
The GLF community is reminding the world it can afford to invest in conserving biodiversity by re-focusing its subsidies. In 2012, the CBD estimated that it would require between US$ 150-440 billion annually to achieve its Aichi Targets. Currently, governments spend upwards of US$ 500 billion on environmentally harmful subsidies.
The recommendations contribute to the work around the post-2020 Global Biodiversity Framework, which is to be adopted by the United Nations Convention on Biological Diversity (CBD) this year. It will also contribute to the United Nations Decade on Ecosystem Restoration (2021-2030) and play a significant role in promoting solutions regarding sustainable use and conservation of our planet’s biodiversity.
KARACHI – The Pakistani rupee experienced a significant surge in its value in the open market against the dollar.
This surge came after a recent directive from the State Bank of Pakistan (SBP), allowing banks to purchase dollars at the interbank market rate for international card payments. The objective of this move was to narrow the exchange rate gap between the official and informal markets.
According to the Exchange Companies Association of Pakistan, the currency market witnessed the dollar being traded at Rs298, compared to its previous day’s closing rate of 311.
The SBP’s decision was influenced by the International Monetary Fund’s demand for Pakistan to stabilize its currency market before resuming a $6.5 billion bailout program.
In a circular, the central bank stated, “In response to the feedback received from various stakeholders, Authorized Dealers are now permitted to buy USD from the Interbank market to settle card-based cross border transactions with international payment schemes (IPS).”
Market analysts had predicted a decline in the value of the rupee following the implementation of these new guidelines.
Zafar Paracha, the General Secretary of the ECAP, expressed that the SBP’s decision was timely and appropriate. He anticipated that it would lead to a decrease of 20 to 25 rupees in the open market currency rate. Paracha also noted that aligning the rates in the official and informal markets would bolster remittance inflows.
Pracha further emphasized that significant disparities in rates between the official and informal markets encourage transactions outside of the official banking system.
KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 229,000 on Thursday. The price of 10 grams of 24k gold was recorded at Rs197,620.
Likewise, 10 grams of 22k gold were being traded for Rs181,150 while a single tola of 22-karat gold was being sold at Rs 211,290.
Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.
|Lahore||PKR 229,000||PKR 2125|
|Karachi||PKR 229,000||PKR 2125|
|Islamabad||PKR 229,000||PKR 2125|
|Peshawar||PKR 229,000||PKR 2125|
|Quetta||PKR 229,000||PKR 2125|
|Sialkot||PKR 229,000||PKR 2125|
|Attock||PKR 229,000||PKR 2125|
|Gujranwala||PKR 229,000||PKR 2125|
|Jehlum||PKR 229,000||PKR 2125|
|Multan||PKR 229,000||PKR 2125|
|Bahawalpur||PKR 229,000||PKR 2125|
|Gujrat||PKR 229,000||PKR 2125|
|Nawabshah||PKR 229,000||PKR 2125|
|Chakwal||PKR 229,000||PKR 2125|
|Hyderabad||PKR 229,000||PKR 2125|
|Nowshehra||PKR 229,000||PKR 2125|
|Sargodha||PKR 229,000||PKR 2125|
|Faisalabad||PKR 229,000||PKR 2125|
|Mirpur||PKR 229,000||PKR 2125|
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