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Pakistan's mega restoration project 'Living Indus Initiative' gets UN recognition

10:40 PM | 26 Jan, 2024
Pakistan's mega restoration project 'Living Indus Initiative' gets UN recognition

ISLAMABAD - Pakistan's 'Living Indus Initiative' has achieved a remarkable milestone by being designated as the World Restoration Flagship under the United Nations Decade on Ecosystem Restoration.

The development was confirmed in a letter to Pakistan's Minister for Climate Change and Environmental Coordination as Inger Andersen, the Executive Director of the United Nations Environment Programme (UNEP), revealed this prestigious acknowledgment.

The UN official appreciated the initiative for being one of the world’s most promising, ambitious, and inspiring examples of large-scale restoration. 

An official statement by the Ministry of Climate Change said the recognition reflected the efforts of everyone involved in and supportive of the initiative, highlighting its significant impact on both people and the planet.

The ministry said that the recognition marked a significant milestone for Pakistan, showcasing its commitment to environmental stewardship and sustainable development on the global stage.

It is worth noting that the initiative distinguished itself from over 150 other initiatives and secured backing from more than 70 governments globally which bodes well for Pakistan's soft image, especially in the realm of environment and sustainability.

As far as the details are concerned, the initiative focuses on restoring vast expanses in the Indus River basin which is a pivotal ecosystem supporting 90 percent of Pakistan's population and a substantial part of its economy.

The achievement is the output of collaborative efforts by the Ministry of Climate Change, provincial authorities, and the UN system, and employs 25 measures, emphasizing nature-based solutions and ecosystem-based adaptation strategies to address the ecological challenges posed by climate change in the fragile basin.

It is to be mentioned that though the achievement has been confirmed, the official announcement of the World Restoration Flagships, including the Living Indus Initiative, is scheduled for February 2024 during the sixth United Nations Environment Assembly (UNEA6).

The event will be marked by a global media campaign and extensive online outreach, reaching millions of individuals including experts and environmentalists.

Daily Pakistan Global Web Desk

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Pakistani rupee exchange rate against US dollar, Euro, Pound and Riyal - 22 February 2024

Pakistani rupee remains stable against US dollar and other currencies in the open market on February 22, 2024 (Thursday)

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.6 for buying and 282.4 for selling.

Euro comes down to 300.2 for buying and 303.2 for selling while British Pound rate stands at 350.6 for buying, and 354.1 for selling.

UAE Dirham AED hovers at 76.2 whereas the Saudi Riyal saw slight increase, with new rates at 74.45.

Today’s currency exchange rates in Pakistan - 22 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.6 282.4
Euro EUR 300.2 303.2
UK Pound Sterling GBP 350.6 354.1
U.A.E Dirham AED 76.2 76.95
Saudi Riyal SAR 74.45 75.2
Australian Dollar AUD 181.15 183.15
Bahrain Dinar BHD 743.32 751.32
Canadian Dollar CAD 207.15 209.15
China Yuan CNY 38.89 39.29
Danish Krone DKK 40.38 40.78
Hong Kong Dollar HKD 35.74 36.09
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.10 2.18
Kuwaiti Dinar KWD 902.41 911.41
Malaysian Ringgit MYR 58.6 59.2
New Zealand Dollar NZD 171.68 173.68
Norwegians Krone NOK 26.43 26.73
Omani Riyal OMR 725.96 733.96
Qatari Riyal QAR 76.76 77.46
Singapore Dollar SGD 207.1 209.1
Swedish Korona SEK 26.53 26.83
Swiss Franc CHF 316.9 319.4
Thai Bhat THB 7.93 8.08

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