Climate
COP31: Q&A: ‘Climate finance should not aggravate Pakistan’s debt burden’
Publication: Dialogue Earth
Author: Farahnaz Zahidi Moazzam
Source published: 06/11/2026, 17:14:36 UTC
Briefing created: 14/11/2026, 23:09:32 UTC
Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 11/11/2026, 08:28:24 UTC.
Briefings
In November 2026, Pakistan's Minister of State for Climate Change, Shezra Mansab Kharal, emphasized that the country's Loss and Damage Fund remains unfulfilled despite successful lobbying at COP27. Pakistan submitted two project proposals totaling USD 39.9 million, but the fund has not disbursed any money since 2022. Kharal described the current situation as an 'Implementation COP' where pledges must be translated into results, noting that global finance processes are now complex and prolonged. She highlighted that Pakistan faces severe climate impacts including floods and glacial lake outburst floods, yet the nation remains the lowest emitter globally while suffering the most severe consequences.
Key points
- Pakistan successfully lobbied for the creation of the Loss and Damage Fund at COP27 in 2022, but the fund has not disbursed any money to the country since 2022.
- Pakistan submitted two project proposals totaling USD 39.9 million to the fund, but the actual disbursement has not occurred as of November 2026.
Context
Pakistan is a climate-vulnerable nation facing severe impacts from floods, glacial lake outburst floods, and urban extreme events. The Loss and Damage Fund was established at COP27 in 2022, and Pakistan has been a champion for its creation, but the fund remains unfulfilled. This situation highlights the gap between international pledges and actual climate finance delivery for developing nations.
Limitations
The evidence is limited to a single interview with Pakistan's Minister of State for Climate Change and Environmental Coordination. The specific reasons for the delays in fund disbursement are not fully explained, and the impact of governance issues on the fund's performance is not confirmed.
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