Islamabad, April 11: The United Nations Development Programme (UNDP), in collaboration with the Ministry of Climate Change and Environmental Coordination (MoCC&EC) and the Public-Private Partnership Authority (P3A), has identified five preliminary bankable projects worth over USD 1 billion.
These projects are part of ongoing efforts to attract investment and mobilize climate financing for Pakistan.
On Thursday, Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, held a follow-up meeting with Dr. Samuel Rizk, the UNDP Pakistan Resident Representative, and his delegation.
The UNDP team shared an overview of their technical assistance in formulating investment-ready projects to be presented at global forums.
Dr. Rizk provided a detailed briefing on the upcoming 4th International Conference on Financing for Development (FfD4), scheduled to take place in Spain later this year.
Key discussions revolved around finalizing a strong project portfolio to ensure Pakistan’s active and effective participation at the event.
He commended the Government of Pakistan’s leadership and commitment to promoting investment and climate-related financing through partnerships with both public and private stakeholders.
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Dr. Rizk emphasized that Pakistan’s improved macroeconomic indicators and better market ratings create a favorable environment for international investors.
He highlighted that FfD4 offers a timely opportunity for Pakistan to showcase its investment-ready projects and engage with global financiers.
The five proposed projects span key sectors vital to sustainable development: green exports, bio-waste management, road infrastructure, green private sector development, and environmentally sustainable real estate.
Dr. Rizk also mentioned an upcoming preparatory mission by the UN Department of Economic and Social Affairs (DESA), which will visit Islamabad next week.
The mission will conduct planning and capacity-building sessions with federal and provincial authorities, stakeholders, and private sector partners to prepare for Pakistan’s representation at FfD4.
Minister Aurangzeb expressed gratitude for UNDP’s continuous support in driving Pakistan’s climate and SDG financing agenda.
He reaffirmed the government’s commitment to a unified “whole-of-government” strategy and directed the Inter-Ministerial Committee—comprising representatives from the Ministries of Foreign Affairs, Planning and Development, Climate Change.
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Moreover, it also includes Economic Affairs, Finance, and P3A—to coordinate efforts toward building a strong, investor-oriented portfolio aligned with national reforms and climate resilience goals.
Concluding the meeting, the finance minister reiterated the government’s dedication to working closely with UNDP and development partners to promote inclusive, sustainable economic growth and to strengthen Pakistan’s presence in international climate and development financing platforms.
