{"id":76633,"date":"2021-06-05T10:00:00","date_gmt":"2021-06-05T05:00:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=76633"},"modified":"2021-06-04T17:17:25","modified_gmt":"2021-06-04T12:17:25","slug":"pakistan-green-financing-instruments","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/pakistan-green-financing-instruments.html","title":{"rendered":"Pakistan to tap global green financing instruments"},"content":{"rendered":"\n<p>Islamabad: The Federal Government, on Thursday stated that it has begun working on green funding initiatives, according to news sources. This decision was made in response to the enormous reaction from international investors to the Indus bonds launched by the PM on May 31st.<\/p>\n\n\n\n<p><strong>Read<\/strong>: <a href=\"https:\/\/www.zameen.com\/news\/pm-khan-launches-wapdas-first-green-eurobond.html\" target=\"_blank\" rel=\"noreferrer noopener\">PM Khan launches WAPDA\u2019s first green Eurobond<\/a><\/p>\n\n\n\n<p>On May 27, the Water and Power Development Authority (WAPDA) issued green Eurobonds worth USD 500 million to <a href=\"https:\/\/www.zameen.com\/news\/wapda-usd-500-mn-eurobonds.html\" target=\"_blank\" rel=\"noreferrer noopener\">fund<\/a> environmentally friendly projects. In an interview with the media, Prime Minister&#8217;s Special Assistant on Climate Change Malik Amin Aslam revealed that the green bond was six times oversubscribed. He also stated that the government intends to use green bonds to fund transportation and construction projects.<\/p>\n\n\n\n<p>Furthermore, the government has concluded the testing of blue bonds, which will be utilized for eco-tourism and fisheries. To take it a step further, the government launched the first blue carbon estimation project with the assistance of the World Bank (WB).<\/p>\n\n\n\n<p><strong>Read<\/strong>:<a href=\"https:\/\/www.zameen.com\/news\/wb-to-provide-all-out-support-for-environmental-initiatives.html\" target=\"_blank\" rel=\"noreferrer noopener\">WB to provide all out support for environmental initiatives<\/a><\/p>\n\n\n\n<p>According to reports, Pakistan is aiming to establish a &#8216;Nature Performance Bond,&#8217; which will give the country easy access to development money and debt relief in return for completing ecological restoration targets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Federal Government, on Thursday stated that it has begun working on green funding initiatives, according to news sources. This decision was made in response to the enormous reaction from international investors to the Indus bonds launched by the PM on May 31st. Read: PM Khan launches WAPDA\u2019s first green Eurobond On May 27, the Water and Power Development Authority (WAPDA) issued green Eurobonds worth USD 500 million to fund environmentally friendly projects. In an interview with the media, Prime Minister&#8217;s Special Assistant on Climate Change Malik Amin Aslam revealed that the green bond was six times oversubscribed. He also stated that the government intends to use green bonds to fund transportation and construction projects. Furthermore, the government has concluded the testing of blue bonds, which will be utilized for eco-tourism and fisheries. To take it a step further, the government launched the first blue carbon estimation project with the assistance of the World Bank (WB). Read:WB to provide all out support for environmental initiatives According to reports, Pakistan is aiming to establish a &#8216;Nature Performance Bond,&#8217; which will give the country easy access to development money and debt relief in return for completing ecological restoration targets.<\/p>\n","protected":false},"author":83,"featured_media":75881,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15016,15017],"tags":[46155,46154,2447],"persona":[],"class_list":{"0":"post-76633","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-developments","8":"category-notices-announcements","9":"tag-green-bonds","10":"tag-pakistan-to-tap-global-green-financing-instruments","11":"tag-wapda","12":"cat-15016-id","13":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pakistan to tap global green financing instruments - Zameen News<\/title>\n<meta name=\"description\" content=\"The government intends to use green bonds to fund transportation and construction projects and other environmentally-friendly projects.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/pakistan-green-financing-instruments.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pakistan to tap global green financing instruments - Zameen News\" \/>\n<meta property=\"og:description\" content=\"The government intends to use green bonds to fund transportation and construction projects and other environmentally-friendly projects.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/pakistan-green-financing-instruments.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-05T05:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/04\/Prizebond.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Iqra Masood\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Iqra Masood\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Pakistan to tap global green financing instruments - Zameen News","description":"The government intends to use green bonds to fund transportation and construction projects and other environmentally-friendly projects.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/pakistan-green-financing-instruments.html","og_locale":"en_US","og_type":"article","og_title":"Pakistan to tap global green financing instruments - Zameen News","og_description":"The government intends to use green bonds to fund transportation and construction projects and other environmentally-friendly projects.","og_url":"https:\/\/www.zameen.com\/news\/pakistan-green-financing-instruments.html","og_site_name":"Pakistan Real Estate News &amp; 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