KARACHI: Pakistan, which has suffered more than $14.9 billion in losses due to global warming, needs effective and comprehensive planning to deal with future environmental challenges.
According to the “Post-Disaster Needs Assessment” report related to this year’s floods, the direct damage caused by the flood has been estimated at 14.9 billion dollars, while the total economic loss has been 15.2 billion dollars, which will knock out the country’s economy. There is a loss.
In the World Bank’s “Country Climate and Development Report”, released this month, Pakistan is said to need at least $16.3 billion in post-flood rehabilitation and reconstruction work. The costs have been estimated.
As a direct result of the recent devastating floods, Pakistan’s poverty rate is projected to increase by 3.7 to 4.0 percent, meaning an additional 8.4 to 9.1 million people will be pushed into poverty.
Climate change has sounded an alarm for Pakistan because on one hand Pakistan has the third largest ice deposits in the world in the form of glaciers and on the other hand mercury has continuously risen due to the continuous increase in heat intensity in the country. going towards
Dr. Urwa Elahi of Pakistan Business Forum says that on the one hand, the increasing temperature is warming the Arabian Sea, on the other hand, due to the melting of glaciers, the seriousness of environmental problems is increasing for Pakistan.