Climate

Q&A: ‘Climate finance should not aggravate Pakistan’s debt burden’

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 06/11/2026, 17:28:24 UTC.

Briefings

In 2022, Pakistan successfully lobbied for the creation of the Loss and Damage Fund at COP27, but as of 2026, the country has not received any money from the fund. Pakistan submitted two project proposals totaling USD 39.9 million at COP31, which are significantly lower than the USD 20 million cap per project. The primary reason for delays is the complex, prolonged accreditation process for developing countries, which has slowed the flow of international finance despite urgent climate needs.

Key points

• Pakistan successfully lobbied for the creation of the Loss and Damage Fund at COP27 in 2022, but has not received any money from the fund as of 2026.
• Pakistan submitted two project proposals totaling USD 39.9 million at COP31, which are significantly lower than the USD 20 million cap per project.

Context

Pakistan is a climate-vulnerable nation facing severe climate-induced disasters, including floods and glacial lake outburst floods. The Loss and Damage Fund was established to provide financial support to vulnerable countries, but Pakistan remains one of the few nations yet to receive funds. This situation highlights the gap between international pledges and actual disbursements, driven by complex accreditation processes for developing countries.

Limitations

The evidence is limited to a 2026 interview with Pakistan's Minister of State for Climate Change. Specific disbursement amounts for individual projects are not confirmed, and the exact timeline for receiving funds is uncertain. The evidence does not specify the total amount of pledged funds or the final outcome of the project approvals.

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