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UK £7m program to strengthen Pakistan’s resilience to climate change

03:52 PM | 31 Oct, 2021
UK £7m program to strengthen Pakistan’s resilience to climate change

LAHORE - The United Kingdom has pledged seven million pounds in grant financing and form of technical support to climate resilience projects in Pakistan that stand eighth on the list of being the most vulnerable countries to climate change.

Alex Ballinger, UK Representative to Punjab at Foreign, Commonwealth, and Development Office (FCDO) Saturday said while talking to a select group of environmental journalists and cited that Britain continues to smash its target of working with the South Asian country to halve emissions.

BHC's #26For26 campaign continues to smash its target of having 26 Pakistani companies commit to halving emissions by 2030 and getting to net-zero by 2050. Similarly, 28 companies have also so far signed up for this drive, Mr. Alex added.

The UK will invest more in Pakistan over the next years, helping communities adapt to climate change and improving community-level resilience, and supporting the efficient use of water resources.

The UK, earlier in 2021, kicked off a program in Punjab capital to uphold cleaner brick production which will help improve air quality and curb smog. The Air Quality Index (AQI) in the provincial capital is already the worst as the metropolis has ranked the most polluted in the world with an AQI rating of 195.

British authorities will fund a targeted training program on ‘Zig Zag’ technology for the brick industry to stern emissions. The government of Punjab, Brick Kiln Owners Association of Pakistan, and the International Centre for Integrated Mountain Development are also part of the program.

COP26 is reportedly the largest international event of its kind ever to be held in Britain with more than 25,000 delegates including world leaders, opinion formers, and top businesses.

The campaign will work to halt changes that contribute to rising global temperatures and protect our planet and people from the impacts of climate change.

Britain has already achieved considerable feats so far as around 70 percent of the world’s economy is now covered by net-zero targets, and this will help the most vulnerable countries like Pakistan.

The South Asian country is the eighth-most vulnerable state in the world to climate change. Some reports have also warned that country’s most populous city Karachi could be completely submerged in the next 4 decades if the current trajectory of rising sea levels continues.

Scorching temperatures in the metropolis this year have already been the highest in the last 7 decades.

Meanwhile, the incumbent administration under PM Imran Khan garnered international praise on some environmental issues. British PM Johnson also mentioned PTI's flagship project of the 10 billion tree tsunami at the United Nations General Assembly.

Furthermore, the Prince of Wales also interacted with Khan and vowed for greater global cooperation on climate change and protecting the environment.

       

The author is working as Editor Digital Media for Daily Pakistan and can be reached @ItsSarfrazAli.

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Pakistani rupee exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 25 April 2024 Forex Rates

Pakistani currency remains unchanged against US Dollar and other currencies on April 25, 2024 Monday in open market.

USD to PKR rate today

US dollar was being quoted at 277.5 for buying and 280.5 for selling.

Euro comes down to 294 for buying and 297 for selling while British Pound hovers at 342.5 for buying, and 346 for selling.

UAE Dirham AED was at 75 and Saudi Riyal's new rate was at 73.30.

Today’s currency exchange rates in Pakistan - 25 April 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar ‎USD 277.5 280.5
Euro EUR 294 297
UK Pound Sterling GBP 342.5 346
U.A.E Dirham AED 75 75.8
Saudi Riyal SAR 73.30 74
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 740.81 748.81
Canadian Dollar CAD 201 203.2
China Yuan CNY 38.45 38.85
Danish Krone DKK 39.93 40.33
Hong Kong Dollar HKD 35.55 35.9
Indian Rupee INR 3.34 3.45
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 903.61 912.61
Malaysian Ringgit MYR 58.28 58.88
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.46 25.76
Omani Riyal OMR 723.48 731.48
Qatari Riyal ‎QAR 76.52 77.22
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 305.43 307.93
Thai Bhat THB 7.51 7.66

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