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Developed world must act on climate finance, says Pakistan
Home » BUISNESS  »  Developed world must act on climate finance, says Pakistan

Smoke and steam billows from a power station. — Reuters
Smoke and steam billows from a power station. — Reuters

Climate Change Minister Dr Musadik Malik has urged the international community to take swift and fair action to combat climate change, emphasising the need for deeper emission reductions and increased resilience funding for vulnerable countries.

He made these remarks during bilateral meetings with COP-29 President and Special Envoy on Environment to the President of Azerbaijan, Mukhtar Babayev, and Azerbaijan’s Deputy Foreign Minister and COP-29 Lead Negotiator, Yalchin Rafiyev.

The meetings were held on the sidelines of the COP Heads of Delegation Retreat in Shamakhi.

The minister stressed that while countries of the Global South face the harshest consequences of climate disasters, the Global North continues to be the primary contributor to historical and present-day greenhouse gas emissions.

Federal Minister for Climate Change and Environmental Coordination Dr Musadik Malik (left) interacts with an Azeri official in Shamakhi, Azerbaijan. — Climate Change Ministry
Federal Minister for Climate Change and Environmental Coordination Dr Musadik Malik (left) interacts with an Azeri official in Shamakhi, Azerbaijan. — Climate Change Ministry

Malik said that Pakistan’s location next to two of the world’s top carbon emitters compounds its climate vulnerability. He reiterated the need for developed countries to fulfil their climate finance commitments and lead the charge in reducing emissions.

He highlighted that climate change is a transboundary challenge, with environmental degradation and extreme weather impacting populations across borders. He called for strengthened international cooperation rooted in justice, science, and sustainability.

The two sides also discussed avenues for deepening green cooperation between Pakistan and Azerbaijan, including renewable energy, climate-smart agriculture, disaster risk reduction, and adaptation strategies.

Malik reaffirmed Pakistan’s support for multilateral climate governance and expressed hope that COP-29 would deliver meaningful progress toward inclusive and science-based global climate solutions.



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