Pakistan

PM seeks int’l community’s support as flood losses estimated at $32b


Prime Minister Shehbaz Sharif on Monday said that according to the Post Disaster Needs Assessment (PDNA), the total estimated damage caused by the recent floods in Pakistan was over $32 billion that is around 10% of the country’s GDP.

​​The enormous task of rehabilitation and reconstruction would require substantial international support for Pakistan to build back greener, based on the model of sustainable development, he added.

Prime Minister Muhammad Shehbaz Sharif meets United Nations Secretary General H.E Antonio Guterres on the sidelines of COP-27.#PMPakCOP27#COP27 pic.twitter.com/J7iFtKU872
— Prime Minister's Office (@PakPMO) November 7, 2022

The prime minister highlighted this as he met UN Secretary-General Antonio Guterres on the sidelines of COP-27 Summit being held in Sharm El-Sheikh, according to a statement issued by the PM Media Wing.

Appreciating the UN secretary-general for his solidarity with, and call for massive support to Pakistan in the wake of devastating floods in the country, he reiterated that the unprecedented flood disaster in Pakistan was a clear manifestation of the challenge posed by climate change.

Also read: PM Shehbaz calls for 'vow to succeed at all costs' at COP27

The prime minister also endorsed the UN Secretary-General’s call for climate justice and climate solidarity.

​​Referring to the adoption of UN General Assembly resolution, last month, expressing solidarity with Pakistan, he said that Pakistan was looking forward to convening an international ‘pledging conference’ bringing together all development partners.

PM Shehbaz also expressed appreciation for the creation of a UN inter agency team, led by the deputy secretary-general, to help Pakistan prepare a comprehensive rehabilitation and reconstruction plan to be presented to the Conference.

​​With reference to COP-27, he stated that Climate Conference was a timely opportunity for the international community to catalyse concerted international action to mitigate the impact of climate change, and promote climate justice, based on the principles of equity but differentiated responsibilities and respective capabilities.

The prime minister emphasised that addressing “loss and damage” would be a key “deliverable” at COP-27. At the request of Pakistan — in its capacity as the Chair of the G77 and China — the COP-27 has agreed, by consensus, to the proposed inclusion of an agenda item on loss and damage finance.

​​The bilateral meeting between the prime minister and the UN secretary-general was followed by a joint press stake-out at the “Pakistan Pavilion”.


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