NDC Investment Plan Pakistan
NDC Investment Plan Pakistan
November 19, 2024
The NDC Investment Plan for Pakistan presents a comprehensive strategy for mobilizing financial resources to implement ambitious climate action commitments outlined in its Nationally Determined Contribution (NDC) Implementation Plans. The updated NDC, in line with the Paris Agreement, sets a conditional target of a 50% reduction in emissions by 2030, with a significant reliance on international grants. Priority actions, totaling USD 2,367 million, have been identified at federal and provincial levels to achieve mitigation, adaptation, and socioeconomic development goals. Supporting plans and policies across various sectors, such as energy, industry, agriculture, waste, land use, forestry, disaster preparedness, and health, complement these actions. Despite a strong foundation, gaps in awareness, blue carbon initiatives, electric vehicle adoption, data monitoring, and financing strategy require attention for effective implementation and achievement of climate goals in Pakistan. Strengthening alignment between priority actions and policies is crucial for building a resilient and sustainable future.