Islamabad: United Nations (UN) Secretary-General Antonio Guterres on Saturday (September 10) called for the formation of a new mechanism for the investment in sustainable development and infrastructure in Pakistan, news sources reported.
UN Secretary-General Antonio Guterres made these remarks at the end of a three-day visit to flood-affected parts of the country. He encouraged global financial institutions to build a new mechanism for nations like Pakistan to enable investment in climate resilience and sustainable infrastructure rather than being trapped in debt repayment. He stated that developed countries must step forward to assist countries like Pakistan that are affected by the west’s increased emissions. He asked international leaders and financial institutions to create a more robust debt swap mechanism and reduce rebuilding costs in Pakistan’s environmentally devastated areas. He stated that global institutions must strive toward a more environmentally friendly future, focusing on green energy.
During his visit to Pakistan to assess the damage, Guterres met with key civil-military authorities, who updated him on the situation. On the occasion, Prime Minister (PM) Shehbaz Sharif informed him of the infrastructural and agricultural losses that, if not addressed, will result in mass famine.