{"id":82981,"date":"2022-01-12T12:07:06","date_gmt":"2022-01-12T07:07:06","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=82981"},"modified":"2022-01-12T12:17:34","modified_gmt":"2022-01-12T07:17:34","slug":"climate-ministry-nature-performance-bonds","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/climate-ministry-nature-performance-bonds.html","title":{"rendered":"Climate change ministry to release Nature Performance Bonds"},"content":{"rendered":"\n<p>Islamabad: The Federal Ministry of Climate Change on Tuesday (January 11) announced it will release Nature Performance Bonds to raise funds for the budgetary support, news sources reported. In this regard, the ministry has developed tangible performance indicators including restoring wetlands, protecting forests, and reducing threats to wildlife and plant species.<\/p>\n\n\n\n<p><strong>Read:<\/strong>&nbsp;&nbsp;<a href=\"https:\/\/www.zameen.com\/news\/wapda-usd-500-mn-eurobonds.html\" target=\"_blank\" rel=\"noreferrer noopener\">WAPDA eyes generating USD 500 mn through Eurobonds<\/a><\/p>\n\n\n\n<p>According to reports, the proceeds of the bonds will be utilised for the normal budget and development activities. It was revealed that the government came up with the idea of green bonds based on environmental indicators during the World Environment Day in June last year and signed a declaration with three sovereign creditors \u2013 Canada, Germany, and the United Kingdom \u2013 to start a dialogue with the goal of issuing a <a href=\"https:\/\/www.zameen.com\/news\/pakistan-green-financing-instruments.html\" data-type=\"post\" data-id=\"76633\" target=\"_blank\" rel=\"noreferrer noopener\">Nature Performance Bond<\/a>. The bonds will also leverage the government&#8217;s flagship environment effort of the Ten Billion Tree Tsunami Programme, Clean Green Pakistan, Protected Areas Initiatives, and ecological restoration in newly-declared national parks.&nbsp;<\/p>\n\n\n\n<p> <strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/climate-change-ministry.html\" target=\"_blank\" rel=\"noreferrer noopener\">Climate Change Ministry to generate 200,000 green jobs<\/a><\/p>\n\n\n\n<p>It is crucial to note that this is the second of its like proposal, as the government already issued <a href=\"https:\/\/www.zameen.com\/news\/wapda-usd-500-mn-eurobonds.html\" data-type=\"post\" data-id=\"76320\" target=\"_blank\" rel=\"noreferrer noopener\">ten-year Indus Green Bonds<\/a> worth USD 500 million in May of last year to generate cash for green energy projects such as dam building.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Federal Ministry of Climate Change on Tuesday (January 11) announced it will release Nature Performance Bonds to raise funds for the budgetary support, news sources reported. In this regard, the ministry has developed tangible performance indicators including restoring wetlands, protecting forests, and reducing threats to wildlife and plant species. Read:&nbsp;&nbsp;WAPDA eyes generating USD 500 mn through Eurobonds According to reports, the proceeds of the bonds will be utilised for the normal budget and development activities. It was revealed that the government came up with the idea of green bonds based on environmental indicators during the World Environment Day in June last year and signed a declaration with three sovereign creditors \u2013 Canada, Germany, and the United Kingdom \u2013 to start a dialogue with the goal of issuing a Nature Performance Bond. The bonds will also leverage the government&#8217;s flagship environment effort of the Ten Billion Tree Tsunami Programme, Clean Green Pakistan, Protected Areas Initiatives, and ecological restoration in newly-declared national parks.&nbsp; Read: Climate Change Ministry to generate 200,000 green jobs It is crucial to note that this is the second of its like proposal, as the government already issued ten-year Indus Green Bonds worth USD 500 million in&hellip;<\/p>\n","protected":false},"author":84,"featured_media":82988,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15181],"tags":[46670,46669,46078],"persona":[],"class_list":{"0":"post-82981","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-environment","8":"tag-climate-change-ministry","9":"tag-climate-change-ministry-to-generate-200000-green-jobs","10":"tag-indus-bonds","11":"cat-15181-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Climate ministry to issue Nature Performance Bonds- Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The Federal Ministry of Climate Change on Tuesday (January 11) announced it will release Nature Performance Bonds to raise funds for the\" \/>\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\/climate-ministry-nature-performance-bonds.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Climate ministry to issue Nature Performance Bonds- Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The Federal Ministry of Climate Change on Tuesday (January 11) announced it will release Nature Performance Bonds to raise funds for the\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/climate-ministry-nature-performance-bonds.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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