Islamabad, Dec. 31 -- Pakistan signed two major climate-focused financing agreements with the Asian Development Bank standing at nearly USD 300 million, aimed at strengthening its coastal protection and accelerating the shift towards climate-resilient, low-carbon agriculture, The News International reported on Dec 31.
According to a statement from the Ministry of Finance and Revenue, the agreements cover the US$180.5 million Sindh Coastal Resilience Sector Project and the $124 million Punjab Climate Resilient and Low Carbon Agriculture Mechanisation Project.
The Secretary of the Ministry of Economic Affairs Muhammad Humair Karim praising the body during the signing ceremony on Tuesday in Islamabad, called the ADB a trusted development par...