b Asian Development Blog: How Strengthened Regulations and Healthcare Can Prevent Lead Poisoning By www.adb.org Published On :: 2024-10-23 Lead exposure remains a significant public health threat in Asia and the Pacific, especially in low- and middle-income countries. The global effort to address lead poisoning must focus on stricter regulations, enhanced healthcare capacity, and coordinated international action to protect vulnerable populations. Full Article
b Development Asia: How Cities Can Combat Extreme Heat Using Nature-Based Solutions By www.adb.org Published On :: 2024-10-30 Extreme heat is an invisible but increasingly tangible climate risk. It varies by time and place and has wide-reaching but unequal impacts, particularly to women and vulnerable people. As global temperatures rise, extreme heat events (heat waves) are becoming more frequent and severe. Full Article
b Asian Development Blog: How to Build Deep and Liquid Capital Markets in Asia and the Pacific By www.adb.org Published On :: 2024-10-31 Overcoming poor market depth and liquidity is crucial for Asia's capital markets to grow and remain attractive to investors. A coordinated approach addressing regulatory frameworks, market infrastructure, and risk management is essential for building resilient, diverse, and efficient markets. Full Article
b Asian Development Blog: Empowering Women with Disabilities: Key Actions for Inclusive Sports in the Pacific By www.adb.org Published On :: 2024-11-04 Inclusive sports can empower women with disabilities, and foster accessibility, social integration, and gender equality in the Pacific. Recent Paralympic milestones and policy examples illustrate the ongoing need for supportive infrastructures and greater representation to create equitable opportunities in sports. Full Article
b Asian Development Blog: Urgent Climate Action Needed in Asia and the Pacific By www.adb.org Published On :: 2024-11-12 These charts illustrate that despite the broader adoption of disaster risk reduction strategies, escalating greenhouse gas emissions and intensified disaster impacts underscore the urgent need for more robust climate action and support across the region. Full Article
b Asian Development Blog: Three Ways Capital Markets Can Accelerate Climate Finance in Asia and the Pacific By www.adb.org Published On :: 2024-11-13 Asia and the Pacific is central to global climate change efforts, but robust capital markets are needed to mobilize private climate finance. Sustainable finance frameworks, transition finance, and carbon markets can build deeper markets that empower climate action. Full Article
b Colorado voters reject Proposition 127 ban on hunting of mountain lions, bobcats By www.denverpost.com Published On :: Tue, 05 Nov 2024 22:00:33 +0000 Coloradans have rejected a proposed ban on mountain lion and bobcat hunting -- a hit for wildlife advocates who have worked to outlaw or change the practice for years. Full Article Election Latest Headlines National News News Politics bobcats Colorado Parks and Wildlife Election 2024 Election Night Links hunting mountain lion mountain lions National Politics wildlife
b Amendment J: Removing ban on same-sex marriage from Colorado Constitution up in early voting By www.denverpost.com Published On :: Tue, 05 Nov 2024 22:00:36 +0000 Colorado voters will decide whether to repeal the state constitution's now-defunct marriage definition that only recognizes unions between a man and a woman. Full Article Election Latest Headlines National News News Politics election Election 2024 gay marriage LGBTQ National Politics same-sex marriage U.S. Supreme Court
b Trump on Day 1: Begin deportation push, pardon Jan. 6 rioters and make his criminal cases vanish By www.denverpost.com Published On :: Sun, 10 Nov 2024 13:05:23 +0000 Donald Trump has said he wouldn’t be a dictator — “except for Day 1.” According to his own statements, he’s got a lot to do on that first day in the White House. Full Article Latest Headlines National News News Politics Donald Trump National Politics
b Emirates NBA Cup 2024 schedule for the Denver Nuggets By www.denverpost.com Published On :: Tue, 12 Nov 2024 23:40:53 +0000 The Nuggets are the top seed in Group C in the Western Conference. Full Article Denver Nuggets Latest Headlines NBA Sports More Nuggets News NBA Cup
b Denver Sen. Chris Hansen takes job in Durango but is mum on timing to resign his seat By www.denverpost.com Published On :: Tue, 12 Nov 2024 23:42:18 +0000 Hansen was comfortably reelected to the state Senate last week, winning 84% of the vote. Full Article Election Latest Headlines Politics Chris Hansen (Politician) Colorado Legislature
b CSU Rams in unfamiliar territory heading into Border War By www.denverpost.com Published On :: Tue, 12 Nov 2024 23:56:53 +0000 Even though the Colorado State football team has already checked a couple of boxes off its to-do list for this season, the stakes are still as high as ever for Friday night's Border War game against Wyoming. Full Article College Sports Sports csu rams
b Alexandar Georgiev’s latest bounce back another important sign for potential Avalanche surge By www.denverpost.com Published On :: Wed, 13 Nov 2024 00:03:14 +0000 Georgiev looks like a different goaltender in early November than he did last month. Full Article Colorado Avalanche Latest Headlines NHL Sports Alexandar Georgiev Avalanche Jared Bednar Jonathan Drouin Justus Annunen Mikko Rantanen Miles Wood More Avalanche News Stanley Cup
b Broncos OLB Nik Bonitto has transformed into pass rushing star in Year 3: “He’s certainly made the leap” By www.denverpost.com Published On :: Wed, 13 Nov 2024 01:16:29 +0000 Nik Bonitto's production has steadily increased since being taken in the second round out of Oklahoma in the 2022 draft by the Denver Broncos. Full Article Denver Broncos Latest Headlines NFL Sports More Broncos News Nik Bonitto Sean Payton
b Broncos assistant head coach Mike Westhoff steps down due to health reasons By www.denverpost.com Published On :: Wed, 13 Nov 2024 01:29:04 +0000 Broncos assistant head coach Mike Westhoff, an instrumental figure in the team’s special teams success, is stepping down to monitor a potential health issue. Full Article Denver Broncos Latest Headlines NFL Sports Broncos special teams More Broncos News Sean Payton
b Morrison police chief Bill Vinelli on leave amid investigation By www.denverpost.com Published On :: Wed, 13 Nov 2024 01:48:28 +0000 “While the investigation takes place, the town will refrain from any additional comment on this matter," according to a press release. Full Article Crime and Public Safety Latest Headlines News Broomfield Police Department domestic violence Morrison Police Department
b City Council approves Denver’s $4.4 billion 2025 budget By www.denverpost.com Published On :: Wed, 13 Nov 2024 02:28:12 +0000 The 2025 budget is the city's most conservative when it comes to spending growth in any year not impacted by the COVID-19 pandemic since 2011. Full Article Latest Headlines Politics affordable housing budget Denver City Council Denver Politics eviction Mike Johnston
b People's Republic of China's Competitive Threat to Latin America: An Analysis for 1990-2002 By www.adb.org Published On :: How have Latin American exporters been affected by the rapid increase in the PRC's exports to the USA and other large markets? Are PRC and Latin American exports complementary or competitive with each other? Full Article Publications/Papers and Briefs
b Number of Children and Their Education in Philippine Households By www.adb.org Published On :: This paper examines the impact of family size on children's education in the Philippines. Full Article Publications/Papers and Briefs
b Managing Capital Flows: The Case of the Republic of Korea By www.adb.org Published On :: In a case study on Korea, a VAR model is used to investigate the effects of capital flows on asset prices. Full Article Publications/Papers and Briefs
b Dollarization and the Multiple Currency Phenomenon in Lao PDR: Costs, Benefits and Policy Options By www.adb.org Published On :: This paper examines the costs and benefits of the multiple currency phenomenon in Lao PDR and considers options in terms of policy response. Full Article Publications/Papers and Briefs
b Governance, Competitiveness, and Growth: The Challenges for Bangladesh By www.adb.org Published On :: Different governance dimensions in Bangladesh are significantly and positively related to its economic development, however, the quality of governance has remained low. Full Article Publications/Papers and Briefs
b Prospects of India–Bangladesh Economic Cooperation: Implications for South Asian Regional Cooperation By www.adb.org Published On :: Bangladesh and India should pursue bilateral economic cooperation to enhance South Asian regional cooperation. Full Article Publications/Papers and Briefs
b Infrastructure and Regional Development in the People's Republic of China By www.adb.org Published On :: Theoretical and empirical analyses of People's Republic of China's infrastructure and rural development. Full Article Publications/Papers and Briefs
b People's Republic of China and Its Neighbors: Partners or Competitors for Trade and Investment? By www.adb.org Published On :: How has the recent dramatic growth of PRC's exports affected its neighbors? Have they lost export markets and seen foreign investment diverted to PRC? This paper surveys the empirical evidence on these important questions. Full Article Publications/Papers and Briefs
b Rice Contract Farming in Lao PDR: Moving from Subsistence to Commercial Agriculture By www.adb.org Published On :: This study finds contract farming in Lao PDR to be effective in raising incomes of small farmers, thus reducing poverty. Full Article Publications/Papers and Briefs
b What is Special about Enterprise Performance in North-East People's Republic of China? By www.adb.org Published On :: This paper examines enterprise performance in the North-East region of the People's Republic of China. Full Article Publications/Papers and Briefs
b Corporate Governance in the Republic of Korea and Its Implications for Firm Performance By www.adb.org Published On :: This paper is part of a cross-country study on corporate governance in Asia. A consensus has yet to be reached about exactly what factors were behind the crisis of 1998 and how these factors interacted in bringing about the crisis. Full Article Publications/Papers and Briefs
b The Trend of Regional Income Disparity in the People's Republic of China By www.adb.org Published On :: Regional disparities within and among Chinese provinces have declined, but are still a serious problem. Full Article Publications/Papers and Briefs
b Infrastructure Challenges in South Asia: The Role of Public-Private Partnerships By www.adb.org Published On :: South Asian private sector participation in infrastructure development is examined, and recommendations are made for future development. Full Article Publications/Papers and Briefs
b Using ICT in Capacity Building for Poverty Reduction in Asia: Lessons Learned from the Microfinance Training of Trainers Course By www.adb.org Published On :: Research on ICT and capacity building for poverty reduction, focusing on lessons learned from a distant learning course in microfinance. Full Article Publications/Papers and Briefs
b Finance and Development: Financing Township and Village Enterprises in the People's Republic of China By www.adb.org Published On :: This paper examines the role of finance in development in the light of the experience of Township and Village Enterprises in the People's Republic of China. Full Article Publications/Papers and Briefs
b Economic and Social Development in the People's Republic of China's North-East Region: a Comparative Study By www.adb.org Published On :: This paper analyses economic and social indicators across provinces in the People's Republic of China. Full Article Publications/Papers and Briefs
b 22 drown as bus plunges into river in Diamer: rescue officials By www.dawn.com Published On :: Tue, 12 Nov 2024 19:08:52 +0500 Twenty-two people drowned, while one person was saved on Tuesday after a bus carrying them plunged into a river in Gilgit-Baltistan’s Diamer district on Tuesday, according to rescue officials. “Sixteen dead bodies have been recovered from the river, while the search for the remaining persons continues,” Senior Superintendent of Police Diamer, Sher Khan, told Dawn.com. He added that a woman, who was a bride, had sustained injuries and was receiving treatment at a hospital. Sharing details of the accident earlier, Rescue 1122 spokesperson Shaukat Riaz told Dawn.com that a bus coming from Astore fell into the Indus River from Telchi bridge in the limits of Diamer district in Gilgit-Baltistan on Tuesday afternoon. “The vehicle was part of a wedding procession heading towards Punjab’s Chakwal district,” he said. He added the passengers who were onboard the bus had been identified and women were among the drowned. “Nineteen of them belonged to Astore while four were from the Chakwal district of Punjab,” he said. The district administration officials were also present on the spot and supervised the search operation in the river, Riaz added. President Asif Ali Zardari expressed his grief and conveyed his condolences to the victims’ relatives. Road accidents are frequent in KP and GB, exacerbated by harsh weather, rugged terrain, poorly maintained roads, overloaded vehicles, and minimal traffic regulations. The narrow, winding routes and driver fatigue further elevate risk, making these regions especially accident-prone. In October, two people were killed and 36 others were injured when a Rawalpindi-bound passenger bus fell into a ravine in Khyber Pakhtunkhwa’s Upper Kohistan area. Full Article Pakistan
b Arrested facilitator of 2023 Peshawar Police Lines blast was ‘our own policeman’: KP IG By www.dawn.com Published On :: Tue, 12 Nov 2024 18:33:21 +0500 A suspect who was allegedly involved in the 2023 blast at Peshawar Police Lines mosque, that claimed 84 lives, was arrested a day earlier and has been identified as police constable Muhammad Wali, the Khyber Pakhtunkhwa Inspector General of Police (IG) Akhtar Hayat Khan Gandapur revealed in a press briefing on Tuesday. On Jan 30, 2023, a powerful explosion ripped through a mosque in Peshawar’s Red Zone area where between 300 and 400 people — mostly police officers — had gathered for prayers. The banned Tehreek-i-Taliban Pakistan (TTP) had claimed responsibility for the attack. It later distanced itself from the blast but sources earlier indicated that it might have been the handiwork of some local faction of the outlawed group. Addressing the press conference in Peshawar today, IG Gandapur said the “remaining missing link” was related to who had facilitated Qari, the alleged suicide bomber. “As a result of that effort, […] we arrested this person along with two suicide jackets from near Jameel Chowk on Peshawar’s Ring Road on 11/11, meaning yesterday,” the IG stated, referring to the facilitator. “Based on the interrogation, it was deduced that the facilitator was our own policeman,” who he identified as Muhammad Wali. “The suspect operated in line with the order of the banned organisation Jamaatul Ahrar and has received Rs200,000 through the hundi-hawala system,” KP IG said, adding that the policeman also received Rs40,000 to Rs50,000 from the banned group per month. “He received Rs200,000 which cost the lives of hundreds of people who were martyred. He sold his [own] brothers for this,” the IG added. The top cop further revealed that the suspect dropped off the suicide bomber at the Pir Zakori bridge. “After the blast occurred, he contacted his handler named Junaid and informed him about the success of the operation via Telegram,” he stated. While the police already knew that Jamaatul Ahrar was involved in the blast, the suspect was the “missing link” who acted as a local facilitator. The police inspector general said that Muhammad Wali was also involved in other incidents. In Feb 2024, the suspect handed a pistol to a person from Jamaatul Ahrar named Saifullah in Lahore to target a member of the Ahmadiyya community, the KP IG said. He targeted a priest at Peshawar’s Jameel Chowk in Jan 2022, he added. According to Gandapur, social media played a key role in such incidents, adding that “Fitna al Khawarij and other extremist organisations use social media to brainwash and radicalise people”. In July, the government, through an official notification, designated the TTP as Fitna al Khawarij, while mandating all institutions to use the term khariji (outcast) when referring to the perpetrators of terrorist attacks on Pakistan. Then-KP IG Moazzam Jah Ansari had said in February last year that the suicide bomber was “clad in a police uniform”. He had said that technical evidence and information collected suggested that the blast was the work of TTP’s Jamaatul Ahrar faction. In March 2023, the KP Counter-Terrorism Department (CTD) said the mastermind and the handler of the suicide bomber had been traced, stating that both of them were Afghan nationals. Then-CTD chief Shaukat Abbas said the suicide bomber was identified only by his alias “Qari” and his handler was identified as Ghaffar aka Salma. He had further confirmed that the attack was carried out by Jamaatul Ahrar. Full Article Pakistan
b Punjab govt orders closure of all schools as province tackles hazardous air quality By www.dawn.com Published On :: Tue, 12 Nov 2024 20:00:36 +0500 The government of Punjab on Tuesday — expanding on its previous order — closed all the educational institutions up to the higher secondary level in the province from tomorrow until the end of the week, shifting them to an online mode, as the province tackles the hazardous smog situation prevalent for the past few weeks. The recent smog situation was declared a “calamity” in Punjab last month. Schools have been closed in the province’s main divisions — Lahore, Gujranwala, Faisalabad and Multan — until November 17 in a bid to lower children’s exposure to pollution. Separately, the public has been barred from entering public parks, zoos, playgrounds, and museums until November 17 to reduce public exposure to smog. A day ago, the United Nations Children’s Fund (Unicef) representative in Pakistan called for urgent and greater efforts to reduce air pollution, noting that over 11 million children under five years of age were exposed to smog in the worst affected districts of Punjab. The province’s Environmental Protection Agency (EPA) said in a notification issued today, a copy of which is available with Dawn.com that “All the educational institutions […] up to higher secondary level shall remain closed and will shift to online mode with effect from Nov 13 within […] DG Khan, Bahawalpur, Sahiwal, Sargodha and Rawalpindi divisions […] till Nov 17.” Punjab Education Minister Rana Sikandar Hayat also announced the closure of schools during a press conference today, saying that the “decision was made in light of the complaints received from the district.” “This drastic decision had to be taken to protect children from the deadly effects,” he said, “There is a sense of educational loss, but the decision to close educational institutions is being taken out of compulsion. “In view of the difficulties in online teaching, an alternative strategy is being quickly brought in,” the minister added. He also appealed to the public to cooperate and do what was in their capacity to help the government deal with this issue. 50pc of govt offices to work online Separately, all government offices were ordered to shift half of their workforce to online mode to reduce traffic load on roads to prevent the worsening of the smog situation due to vehicular emissions. “The physical presence of human resource(s) of offices in your jurisdiction may kindly be reduced to 50pc by shifting them to online mode/work from home,” the EPA said in a separate notification issued today. In the order issued on Tuesday, which is seen by Dawn.com, the Punjab EPA directed all the administrative secretaries, as well as heads of attached departments and semi-government/autonomous bodies, to reduce the physical presence of human resources by 50 per cent. According to the notification, the situation was likely to prevail for a few weeks, adding that local pollution contributing factors, especially vehicular emissions, may further exacerbate the conditions. “Hence, the situation warrants to specify safeguards to reduce the number of vehicles on roads in order to control air pollution, through preparation and implementation of contingency plans,” the notification said. The EPA also called for inter-departmental meetings to be convened in an online mode unless the physical presence of participants was “extremely necessary”. Bad-quality air aggravating pulmonary diseases: doctor Speaking to Dawn.com, a pulmonologist at Multan’s Nishtar Hospital, Dr Nasir Javed, said that asthmatic patients, who were earlier stable, are now facing chronic health conditions due to the smog. “[Due to the smog], asthma patients would start feeling inflation in their airways and it would become difficult for them to breathe smoothly,” he said. “Even medicines have stopped working properly to cure the problem.” He further added that asthmatics and chronic smokers with chronic obstructive pulmonary disease (COPD) were at greater risk and were visiting the hospitals with exacerbation of their diseases. “Air-Quality Index is directly proportional to the symptoms/ severity which one can suffer,” he said. “Limited outdoor activity and hydration are the mainstays to avoiding respiratory issues as antibiotics were of no use.” Smog to persist in major cities as weather conditions worsen: NDMA Meanwhile, the National Disaster Management Authority (NDMA), in an advisory issued today, said that the smog situation was expected to persist across the urban centres in Punjab and Khyber Pakhtunkhwa throughout November and December due to high humidity, low wind speeds, and upper atmospheric pressure. According to the advisory, as reported by the Associated Press of Pakistan (APP) the cities most likely to be affected by the worsening smog situation include Lahore, Faisalabad, Multan, Bahawalpur, Peshawar, Mardan, and Nowshera. “The advisory highlights the rising smog levels in the affected areas, driven by the current weather conditions, and advises residents to avoid prolonged outdoor exposure and adopt protective measures to safeguard their health,” the *APP report said. “[…] The National Emergency Operation Centre has been monitoring the current smog situation in Pakistan and surrounding regions. According to the advisory, the team has access to advanced ground-based and space-based monitoring tools, enabling the analysis and projection of pollution emissions from various sources, including industry, transportation, and agriculture. Precautionary measures The NDMA advisory recommended the public adopt several measures to mitigate the effects of smog, such as avoiding unnecessary outdoor exposure during peak smog hours, especially in the morning, and wearing masks during outdoor activities, according to the APP. “Staying hydrated, using dehumidifiers and air purifiers to improve indoor air quality, and adopting efficient transportation methods—like carpooling and eco-friendly driving, along with using COx and NOx filters—are also advised,” it said. Full Article Pakistan
b Nations to submit boosted climate plans at COP29: What’s at stake? By www.dawn.com Published On :: Wed, 13 Nov 2024 08:22:28 +0500 Nations have begun setting carbon-cutting targets for the decade ahead, and how ambitious these pledges are could make or break global efforts to avoid dangerous levels of climate change. Nearly 200 countries are supposed to publish updated climate plans by early February, but so far only three have done so. On Wednesday, the UK became the latest, announcing during the COP29 climate summit in Azerbaijan that it would raise its target to cut greenhouse gas emissions. All eyes will be on other big polluters like China, India, and the United States, though future US climate action is unclear following Donald Trump’s election. Why do they matter? The world has agreed to try and limit global warming to 1.5 degrees Celsius above pre-industrial levels, but is nowhere near on track. Above this threshold, scientists say humanity risks disastrous consequences from volatile weather to major ecological “tipping points” at land and sea. Last month, the United Nations warned that even if all existing plans are implemented in full, temperatures would rise 2.6°C by the century’s end, a catastrophic outcome. The UN says the next round of climate plans must show a “quantum leap” in ambition to avert the worst. The G20 — which accounts for 77 per cent of total greenhouse gas emissions — is under particular pressure to step up. Early movers Just before COP29 opened in Azerbaijan, the United Arab Emirates announced a 47pc reduction in emissions by 2035 compared with 2019 in its updated climate plan. Observers said the roadmap failed to account for exported emissions —including those from its sales of crude oil abroad. Next year’s UN climate host, Brazil, has partly unveiled its plan, increasing its emissions reduction target from a 59pc cut by 2035, from 2005 levels, to a 67pc reduction. It is expected to unveil a more complete plan during COP29. Plans from other major emitters, like the European Union and China, are not expected until next year. And the current US government could soon outline Washington’s new pledge, despite questions over Trump following through once in office. David Waskow, of the World Resources Institute, said it would help guide American cities, states and businesses wishing to continue climate action under Trump. “It also sends an important signal internationally, a set of benchmarks for what the US ought to do,” he added. What do countries need to do? By signing the Paris accord, nearly 200 nations agreed to halt rising temperatures “well below 2°C” and strive for the safer goal of 1.5°C. But it did not prescribe how to get there. The deal left it up to countries to voluntarily chart their own plans and targets, known as Nationally Determined Contributions (NDCs). These include emission reduction targets and measures to achieve them, such as rolling out renewable energy, electrifying transport, and ending deforestation. There is no set template for countries to follow but richer countries —historically the largest emitters — have a responsibility to pledge the deepest emission cuts. The plans must be reviewed every five years, with each update supposed to be more ambitious than the last. This time around countries are expected to improve their 2030 targets and outline economy-wide action they will take to 2035. What’s the aim? An agreement at last year’s COP28 climate summit “encouraged” countries to come forward with plans aligned with halting warming to 1.5°C. To have a hope of meeting that goal, emissions must be slashed 42pc by 2030 and 57pc by 2035, the UN’s Environment Programme said last month. Currently, however, emissions are continuing to rise. Keeping 1.5°C on track would require a collective effort “only ever seen following a global conflict”, it added. Without pulling together “on a scale and pace never seen before… the 1.5°C goal will soon be dead,” said UNEP executive director Inger Andersen. The big moment for assessing progress towards the 1.5°C goal comes at a crunch COP30 climate summit in Brazil next year. What about fossil fuels? Scientists and the International Energy Agency have said that developing new fossil fuel projects is incompatible with halting warming to 1.5°C. But many fossil fuel-producing countries argue that new oil and gas projects will be needed as the world transitions to net zero emissions. Countries are under pressure to outline in their updated plans how they intend to reduce their reliance on fossil fuels, something all nations agreed on at last year’s COP. Header image: This picture taken on November 12 shows a wind turbine at the lignite-fired power station operated by German energy giant RWE near Neurath, western Germany. — AFP Full Article World
b PCB asks ICC to explain India Champions Trophy refusal By www.dawn.com Published On :: Tue, 12 Nov 2024 20:34:48 +0500 The Pakistan Cricket Board (PCB) said on Tuesday it has asked the sport’s governing body to explain India’s refusal to send a team to Pakistan for the Champions Trophy next year. The International Cricket Council (ICC) informed the PCB last week that India would not tour Pakistan for the eight-team tournament, leaving the fate of the event hanging in the balance. Pakistan had previously rejected the option of a hybrid arrangement that would allow India to play their matches at neutral venues, for example in the United Arab Emirates. “The PCB has responded to last week’s ICC letter seeking clarifications for the Indian Board’s decision not to travel to Pakistan for next year’s Champions Trophy,” Sami-Ul-Hasan told AFP. Deteriorating political ties have meant the bitter rivals have not played a bilateral cricket series for over a decade — squaring off only in ICC multi-nation events. Pakistani media reported on Tuesday that the PCB would be unwilling to accept security reasons for India’s refusal to visit. New Zealand have toured Pakistan three times in the past two years, with England visiting twice and Australia once in the same period. Pakistan also visited India for last year’s ODI World Cup and the PCB had expected the gesture to be reciprocated for the Champions Trophy. The Champions Trophy is slated to be played across three venues — Lahore, Rawalpindi and Karachi — from February 19 to March 9 next year. But a final schedule due to be announced this week has been postponed over the stand-off — which PCB chairman Mohsin Naqvi termed disappointing. “Almost every country wants the tournament to be played in Pakistan and it will be disappointing if they don’t come,” Naqvi, who is also the interior minister, said last week. “I don’t think anyone should make this a political matter. We’ll give every team as many facilities as we can.” Naqvi said Pakistan would consider pulling out of events in India as a response. “Pakistan has shown great gestures to India in the past, and we’d like to say clearly India shouldn’t expect such friendly gestures from us every time”. India is due to host the women’s ODI World Cup and Asia Cup next year and will co-host the Twenty20 World Cup with Sri Lanka in 2026. Full Article Sport
b Debt cannot become acceptable new normal in climate financing: PM Shehbaz By www.dawn.com Published On :: Tue, 12 Nov 2024 19:17:33 +0500 Prime Minister Shehbaz Sharif on Tuesday said that debt cannot become the “acceptable new normal” in climate financing, as he addressed the challenges faced by developing countries within the global climate finance framework. His statement came during a Climate Finance Round Table Conference organised by Pakistan on the sidelines of the two-day World Leaders Climate Action Summit, also known as COP29, currently being held in Azerbaijan’s capital of Baku. “We stand at a crucial threshold where global climate finance framework must be redefined to effectively meet the needs of vulnerable nations,” PM Shehbaz said. He explained that financing in the form of loans increases the debt of developing nations and pushes them towards “mounting debt traps” which he referred to as “death traps”. He added, “Debt cannot become the acceptable new normal in climate financing which is why we must resume focus on non-debt financing solutions enabling countries to fund climate initiatives.” “Despite years of promises and commitments, the gaps are growing, leading to aggregate barriers in achieving objectives of the UN Framework Convention on Climate Change (UNFCCC).” View this post on Instagram PM Shehbaz called climate financing an “urgent need of the hour”, stating that developing countries need to deliver Nationally Determined Contributions (NDCs) and “need an estimated $6.8 trillion by 2030 to implement less than half of their current NDCs.” The prime minister further urged donor countries to “fulfil their commitment” which is 4.7 per cent of their gross national product (GNP) and capitalise on existing climate funds. “One such commitment is a $100bn annual climate pledge established a decade ago at COP15 [which] is now reported by OECD to have reached only $160bn,” he said. Prime Minister Shehbaz Sharif, flanked by Turkish President Tayyip Erdogan and Britain’s Prime Minister Keir Starmer, attends the Opening Ceremony of the United Nations climate change conference COP29 in Baku, Azerbaijan on Nov 12, 2024. — Reuters PM Shehbaz said that Pakistan can relate to the “agony and pain of other vulnerable countries”, highlighting how the country faced two devastating floods. “In 2022, one-third of Pakistan was under water and the country had to repurpose all development and climate funds for financing basic relief and humanitarian efforts,” he said. Pakistan is ranked among the top 10 most climate-vulnerable countries, according to the Global Climate Risk Index 2021. It has faced increasingly frequent and severe weather events, such as unprecedented floods, intense monsoon rains, devastating heat waves, rapid glacial melting and glacial lake outburst floods. Pakistan witnessed devastating floods during the 2022 monsoon season, induced by climate change, resulting in the loss of at least 1,700 lives. With 33 million people affected and swathes of agricultural land washed away, the damage incurred losses worth $30 billion, according to government estimates. In June 2024, a heat wave brought record-high temperatures, severely impacting public health and agriculture. Participating world leaders and delegates pose for a family photo during the United Nations Climate Change Conference (COP29) in Baku on Nov 12, 2024. — AFP While emphasising transparency and coordination in financial commitments made to developing countries, he stated that Pakistan alongside other developing countries, calls for stronger more equitable climate finance mechanisms under the UNFCCC. He reiterated the pertinent need for reform of international financial architecture saying that “now is the time to build up on the momentum for international financial reforms” so that no nation is left behind in the global response to climate change. PM to highlight ‘balanced and ambitious’ climate action According to the Foreign Office, several high-level events and roundtable discussions hosted by Pakistan will also take place at the Pakistan Pavilion during COP29. It added that at COP29, Pakistan will call for “balanced and ambitious progress on all issues such as loss and damage, adaptation, mitigation and means of implementation”. “It will seek predictable financing to address developing countries’ climate goals. Pakistan will also underscore the historical responsibility and the principle of Equity and Common but Differentiated Responsibility and call on developed nations to undertake deeper emission cuts.” PM Shehbaz was warmly received by Azerbaijan President Ilham Aliyev and UN Secretary-General António Guterres upon his arrival at the summit venue today, state-run Radio Pakistan reported. PM Shehbaz Sharif is received by Azerbaijan President Ilham Aliyev and UN Secretary-General António Guterres as he arrives at the venue to attend COP29 in Baku on November 12. — Radio Pakistan The first day of the Climate Action Summit will feature statements from various heads of states, beginning from 3pm Pakistan time. Speakers include the United Kingdom’s PM Keir Starmer, Saudi Arabia’s Crown Prince Mohammed bin Salman, Turkiye President Recep Tayyip Erdoğan and Ukraine President Volodymyr Zelenskyy. Among those scheduled to address the high-level meeting tomorrow, besides PM Shehbaz, are Bangladesh leader Muhammad Yunus and Russia’s PM Mikhail Mishustin. PM Shehbaz is listed as the 37th speaker out of 47 leaders during the session scheduled from 10am to 6pm (Pakistan time). The prime minister will also participate in a high-level event ‘Glaciers 2025: Actions for Glaciers’ organised by Tajikistan President Emomali Rahmon on the protection of glaciers. PM Shehbaz will also hold separate meetings with the prime ministers of Denmark and the Czech Republic, who are also attending COP-29, Radio Pakistan stated. PM meets world leaders On the sidelines of COP29, PM Shehbaz interacted with UAE President Sheikh Mohammed bin Zayed Al Nahyan and discussed cooperation on climate change and matters of mutual interest, Radio Pakistan reported. The premier also met with PM Starmer, where the two discussed enhancing Pakistan-UK cooperation. He also met with Turkish President Recep Tayyip Erdogan and his wife Emine Erdogan, where they discussed environmental pollution as well as matters of mutual interest between the two friendly nations, the report added. In his interactions with Nepal’s President Ramchandra Paudel and Bangladesh’s Yunus, PM Shehbaz discussed growing temperatures, the threat of rising sea levels, and forest conservation in South Asia. Kazakhstan President Kassym-Jomart Tokayev and PM Shehbaz explored strengthening bilateral relations as well as expanding regional connectivity. In his meetings with Uzbekistan President Shavkat Mirziyoyev and Tajikistan’s Rahmon, the leaders spoke about the conservation of glaciers and water resources in Central Asian countries and Pakistan. They also exchanged views on expanding communication links among Pakistan, Tajikistan and Uzbekistan, Radio Pakistan highlighted. World leaders meet for climate talks, but big names missing Dozens of world leaders convene in Azerbaijan for COP29 but many big names are skipping the UN climate talks where the impact of Donald Trump’s election victory is keenly felt. UK’s Starmer will unveil an “ambitious” update to the UK’s climate goals later today, and said he wanted his country “to show leadership on the climate challenge.” Joe Biden, Xi Jinping, Narendra Modi and Emmanuel Macron are among G20 leaders missing the event, where uncertainty over future US unity on climate action hung over the opening day. “It’s not an ideal situation,” acknowledged Steven Guilbeault, Canada’s environment minister. “But in 30 years of COP, it’s not the first time that we’ve faced obstacles,” he told AFP. “Certainly, everything is still possible.” Washington’s top climate envoy John Podesta is seeking to reassure countries in Baku that Trump’s re-election will not end US efforts on global warming, even if the issue will be “on the back burner”. But despite calls for global cooperation, the opening day got off to a rocky start, with feuds over the official agenda delaying by hours the start of formal proceedings in the stadium venue near the Caspian Sea. “This will be a tough COP,” said Fernanda Carvalho, global climate and energy policy lead at WWF. “Countries are divided. There is a lack of trust,” she told AFP, and divisions over climate finance “will be reflected in every room of those negotiations.” Full Article Pakistan
b Beijing pushes to join security efforts for citizens in Pakistan, sources say By www.dawn.com Published On :: Tue, 12 Nov 2024 22:28:16 +0500 Beijing is pushing Pakistan to allow its own security staff to provide protection to thousands of Chinese citizens working in Pakistan during talks, after a car bombing near Karachi’s airport that was seen as a major security breach, sources said. Last month’s airport bombing that killed two Chinese engineers returning to work on a project after a holiday in Thailand was the latest in a string of attacks on Beijing’s interests in Pakistan. The attacks have angered China, which has pushed Pakistan to begin formal negotiations for a joint security management system. Reuters spoke to five Pakistani security and government sources with direct knowledge of the previously unreported negotiations and demands on condition of anonymity, as the talks are sensitive, and reviewed a written proposal sent by Beijing to Islamabad. “They (Chinese) want to bring in their own security,” said one official, who sat in on a recent meeting, adding that Pakistan had not so far agreed to such a step. According to the official, a written proposal sent to Islamabad by Beijing, and forwarded to Pakistani agencies for review, mentioned a clause allowing the dispatching of security agencies and military forces into each others’ territory to assist in counter-terrorism missions and conduct joint strikes. The dispatching would be done after discussions, but Pakistan was averse to the proposal, one official said. Neither Beijing nor Islamabad confirmed the talks officially. Dawn.com has also reached out to the Foreign Office for a comment. The source, and two other officials, said there was a consensus on setting up a joint security management system, and that Pakistan was amenable to Chinese officials sitting in on security meetings and co-ordination. But there was no agreement on their participating in security arrangements on the ground. The first official said Pakistan had asked China for help in improving its intelligence and surveillance capabilities instead of direct involvement. A spokesman for China’s foreign ministry told Reuters it was not familiar with talks on a joint security scheme, but added, “China will continue to strengthen co-operation with Pakistan and make joint efforts to do its utmost to maintain the security of Chinese personnel, projects and institutions.” Inter-Services Public Relations (ISPR), the military’s media wing, declined to comment to Reuters while the interior and planning ministries did not respond to repeated requests for comment. In a statement last week, Pakistan’s interior ministry said both sides agreed to develop a joint strategy to prevent similar incidents in the future. ‘Grave security breach’ The nature of the Karachi bombing has angered Beijing, which is now pushing harder to achieve a long-standing demand to control security arrangements for its citizens. A pick-up truck rigged with nearly 100 kilogrammes of explosives waited unchecked for about 40 minutes near the outermost security cordon of the heavily guarded airport before its driver rammed it into a vehicle carrying Chinese engineers, officials said. “It was a grave security breach,” admitted one of the officials investigating the bombing, which came just a week before Chinese Premier Li Qiang’s visit to Islamabad, the first such trip in a decade. The official said investigators believe the attackers had “inside help” in securing details of the itinerary and route of the engineers, who had returned from a month off in Thailand. They were to be escorted back to a power plant set up as part of plans for the China-Pakistan Economic Corridor (CPEC). Longtime Pakistan ally China has thousands of nationals working on projects grouped under the CPEC, a $65-billion investment in President Xi Jinping’s Belt and Road Initiative, which seeks to expand China’s global reach by road, rail and sea. ‘Chinese frustrations’ Publicly, China has mostly backed Pakistan’s arrangements, even as it calls for enhanced security. Privately, Beijing has expressed frustration. At one recent meeting, the Chinese side provided evidence that Pakistan had failed to follow security protocols agreed on twice in recent months, three officials said. Such protocols usually feature high standards for the deployment and movement of Chinese officials. However, earlier this month, China’s Ambassador to Pakistan, Jiang Zaidong, while speaking at an event, had expressed frustration over the attacks, stating it was “unacceptable” and urging Islamabad to strengthen security measures for Chinese nationals and crack down on anti-China elements. In response, Foreign Office Spokesperson Mumtaz Zahra Baloch had called the statement “perplexing” and a stark departure from the longstanding diplomatic norms between the two nations. Chinese nationals have been in the crosshairs of banned outfits who accuse Beijing and Pakistan of exploiting minerals in Balochistan, where China has a strategic port and mining interests. Thousands of Pakistani security officers from the army, police and a dedicated force called the Special Protection Unit are posted to guard Chinese nationals. Only China’s embassy in Islamabad and its consulates are allowed Chinese official security personnel, the Pakistani officials said. Full Article Pakistan
b Constitutional bench to start hearing cases from Nov 14: Supreme Court By www.dawn.com Published On :: Tue, 12 Nov 2024 23:26:57 +0500 The Supreme Court (SC) on Tuesday announced that the recently established constitutional bench will start hearing cases on November 14 and 15. Earlier, the SC constituted a three-judge committee to fix cases, issue court rosters, form benches, and decide weekly caseload for its recently established constitutional bench. The committee held a meeting today which was chaired by Justice Aminud Din Khan (head of the constitutional bench) and attended by Justice Jamal Khan Mandokhail and Justice Muhammad Ali Mazhar, who participated through a telephone call from Karachi. The SC said in a press release, a copy of which is available with Dawn.com, that the purpose of the meeting was to discuss matters for the formation of the constitutional bench. During the meeting, the committee was briefed by the court’s registrar’s office regarding the pending constitutional cases, the statement said adding, “[The] committee resolved that priority shall be accorded to the oldest cases.” On Nov 5, the Judicial Commission of Pakistan (JCP), in its maiden session, had picked Justice Amin as head of the constitutional bench by a seven-to-five majority. Chaired by Chief Justice of Pakistan (CJP) Justice Yahya Afridi, the reconstituted JCP formed a seven-member constitutional bench, including Justices Aminud Din Khan, Jamal Khan Mandokhail, Muhammad Ali Mazhar, Ayesha A. Malik, Hassan Azhar Rizvi, Musarrat Hilali and Naeem Akhtar Afghan. Today’s press release mentioned that Justice Ayesha Malik will not be available on Nov 14 and 15 and “a bench comprising all available Judges shall be constituted to proceed with cases on these dates.” The SC Registrar Muhammad Salim Khan released the court roster of a six-member constitutional bench which will begin hearing cases at 9:30am on Nov 14. The bench will include Justice Jamal Khan Mandokhail, Justice Muhammad Ali Mazhar, Justice Hasan Azhar Rizvi, Justice Musarrat Hilali and Justice Naeem Akhtar Afghan. The SC directed the Registrar to schedule cases for hearing before the bench. The next meeting of the committee will be held on Nov 13 at 12:30pm after Justice Muhammad Ali Mazhar arrives in Islamabad. Full Article Pakistan
b PTI files curative review with SC in ‘bat’ symbol case By www.dawn.com Published On :: Wed, 13 Nov 2024 07:58:32 +0500 ISLAMABAD: As a last resort after losing the election symbol, PTI on Tuesday filed a curative petition with the Supreme Court, seeking to overturn the Jan 13 and Oct 21 rulings that supported the Election Commission of Pakistan’s decision to deny the party its ‘bat’ symbol. The curative petition is a final remedy that allows the SC to reconsider a dismissed review petition. The 32-page petition, moved by Advocate Ajmal Ghaffar Toor, says the present petition has been necessitated by circumstances during the hearing and therefore based upon the principle of natural justice. Besides the verdict is per incuriam and not a judgement at all, argued the petition, adding the petition was relying upon the Aug 22 Mubarak Ahmed Sani case in which the Supreme Court had altered its earlier decision. Judgement was per incuriam, 32-page petition argues The petition argues that the judgement was per incuriam, meaning it was made in ignorance of the terms of a statute or rule having the force of a statute. A decision made per incuriam can be considered a mistake and may not be binding. The petition also relied on the Aug 22 Mubarak Ahmed Sani case, where the SC had altered its earlier decision, setting a precedent for revisiting previous judgements. On Oct 21, the SC headed by former chief justice Qazi Faez Isa rejected PTI’s petition, seeking to revisit Jan 13 verdict in the bat symbol case. The review petition was dismissed on the grounds that no illegality or material error in the judgement was pointed out by the petitioner. During the case, the senior counsel Hamid Khan had pleaded before the apex court that he did not want to argue before a bench headed by a person who “harbours bias against PTI”. It is the case of the petitioner that both judgements of Jan 13 and Oct 21 were void and non-existent in the eyes of law. The petition has raised questions of public importance with respect to fundamental rights and interpretation of the laws relating to the electoral rights of the people who were true sovereigns, by seeking to invite SC’s attention towards two of its own judgments, the curative review says. On May 26, 2021, PTI had moved a curative review petition before the SC against Justice Isa who had won a case on a review petition. Then the curative review petition was moved against the majority order in favour of Justice Isa. Later on July 21, 2023, ex-CJP Umar Ata Bandial rejected in chambers PTI’s curative review petition against Justice Isa whereas Justice Syed Mansoor Ali Shah in his additional note stated that a second review or a curative review or whatever given name, was not maintainable under Article 188 since this provision envisages only one-time exercise of this jurisdiction, whether made on a review petition or suo motu in respect of any of its judgments. Now the fresh curative petition pleads that the SC judgment of Oct 21 was virtually an ex-parte order as no substantive hearing took place in view of the objections raised against former CJP Qazi Faez Isa and therefore it would serve the interest of justice that the judgement was set aside and the review petition was fixed for hearing again. The curative review argued that both Justice Muhammad Ali Mazhar and Justice Musarrat Hilali, who were members of the bench which heard the review petition then, signed allegedly a blatantly biased orders, dictated by then CJP and therefore they have disqualified themselves from hearing the present petition. Published in Dawn, November 13th, 2024 Full Article Pakistan
b Crisis-hit Germany headed for Feb 23 snap election By www.dawn.com Published On :: Wed, 13 Nov 2024 10:25:52 +0500 German President Frank-Walter Steinmeier (left) shakes hands with the parliamentary leader of the Greens, Katharina Droege, at the Bellevue Presidential Palace in Berlin, on Tuesday.—Reuters BERLIN: Germany is headed for snap elections on February 23, the main parties agreed on Tuesday, aiming to form a stable government after Chancellor Olaf Scholz’s three-party coalition collapsed last week. The country’s two biggest parties agreed on the early timetable, which will see centre-left leader Scholz seek a vote of confidence on December 16, said the parliamentary leader of Scholz’s Social Democrats (SPD), Rolf Muetzenich. This would pave the way for the February vote in a compromise hammered out with the conservative opposition Christian Democrats (CDU) and their Bavarian allies CSU. The agreement seeks to quickly restore political stability at a time when Europe’s biggest economy is set to shrink for a second year in a row and amid heightened geopolitical volatility, with wars raging in Ukraine and the Middle East. As per agreement between two biggest parties, Chancellor Scholz will seek trust vote on Dec 16 The election date would mean Germany will be ruled by a lame-duck chancellor and stuck in the middle of its campaign period when Donald Trump is inaugurated as US president on January 20. Embattled Scholz, who wants to run again despite poor poll ratings, initially suggested an election in late March but came under heavy pressure from all other parties to speed up the process. The CDU is riding high in the polls and its leader Friedrich Merz had pushed strongly for an election as early as possible — a demand backed by two thirds of voters, according to a recent survey. “We don’t have unlimited time to elect a new government in Germany, regardless of who leads it… because the world around us is not waiting,” Merz said on Tuesday. “It’s not as if everyone is holding their breath and watching Germany in fascination, as decisions are taken in Europe, Asia and the United States. “The world expects a Germany that is capable of taking action.” Winter election campaign The February 23 date would force politicians to run their campaigns in the dark and cold of winter, when voters will be less enthusiastic to flock to outdoor events than during the usual summer campaign seasons. Scholz is expected to lose the confidence vote in the lower house of parliament, after which President Frank-Walter Steinmeier will have 21 days to dissolve the Bundestag. Elections have to be held within 60 days of the dissolution. Scholz took office in late 2021, taking over from the CDU’s Angela Merkel, in a three-way coalition with the left-leaning Greens and the liberal and pro-business Free Democrats (FDP). But mounting differences over economic and fiscal policy came to a head last week when Scholz fired the rebellious FDP finance minister Christian Linder, prompting the small party to leave the government. Since then, Scholz’s SPD and the Greens have carried on in a minority government that would need opposition support to pass any laws — something the CDU/CSU had rejected in the absence of clarity on an election date. Future scenarios Scholz’s coalition marked the first time a tripartite alliance has ruled at the federal level, and it may not be the last, given Germany’s increasingly fragmented political party landscape. Fears about immigration have driven the rise of the far-right Alternative for Germany (AfD) party. It is now polling at close to 20 per cent, but other parties have pledged to shun it as a coalition partner. The latest polls put the centre-right CDU/CSU alliance firmly in the lead at 32pc. To win a majority, however, the conservatives would likely need the future backing of the SPD, which is currently polling at 15.5pc, in a so-called grand coalition, plus a third party. Contenders for that spot, according to current polling, would be either the FDP, with five percent support, or possibly the Greens, who are polling at 11pc. Lindner, who has said he wants to be finance minister again, on Tuesday welcomed the date for new elections, saying:“Happily we now have clarity on this question.” He earlier said that he thought Merz “will almost certainly be the next chancellor of Germany. The only question is: Who will chancellor Merz govern with?” Published in Dawn, November 13th, 2024 Full Article World
b 26 die as bus plunges into Indus in Diamer By www.dawn.com Published On :: Wed, 13 Nov 2024 07:53:50 +0500 LOCALS, police personnel and rescue workers gather around the site where a Chakwal-bound bus plunged into the Indus.—Dawn GILGIT: Twenty-six people, part of a wedding party, drowned after their bus plunged into the Indus River in Diamer district of Gilgit-Baltistan on Tuesday. Diamer SSP Sher Khan said that the bus, coming from Astore district of GB, was part of a wedding procession heading towards Punjab’s Chakwal district. It plunged into the river at Telchi bridge at 1pm after the driver reportedly lost control due to speeding. According to officials, 27 people were on the bus at the time of the accident. Rescuers recovered 13 bodies from the river while the bride was rescued in injured condition and moved to the RHQ Hospital in Gilgit, where she succumbed to her injuries. The remaining 12 missing persons have been presumed dead. However, the search for them was ongoing despite the freezing temperature, officials said. Victims were part of wedding party going from Astore to Chakwal Among the victims, 19 belonged to Astore, while four, including the groom, were from Chakwal. The Diamer deputy commissioner and superintendent supervised the rescue operation in which five local divers and two boats took part. The bus’ wreckage was pulled out of the river with the help of a crane. The search for missing persons will be expanded to other areas along the river today (Wednesday), according to officials. Police have appealed to the population along the river to keep searching for the dead bodies. According to GB government spokesperson Faizullah Faraq, the contractors working on the Diamer Bhasha Dam, which is being built near the region, have also been mobilised to aid in search activities near their camps. Authorities have also requested the navy to send its divers to help in the search operation, APP reported while quoting Mr Faraq. Published in Dawn, November 13th, 2024 Full Article Pakistan
b Iran, Russia link bank card systems to counter sanctions By www.dawn.com Published On :: Wed, 13 Nov 2024 10:12:04 +0500 TEHRAN: Iranian bank cards can now be used in Russia, state television reported, as the two countries linked their banking systems in the latest bid to counteract sanctions. Iranian banks have been excluded since 2018 from the SWIFT international financial messaging service, which governs the vast majority of transactions worldwide. The move is part of a raft of sanctions that were re-imposed on Iran after the United States withdrew from a landmark 2015 nuclear deal. Iranian bank cards can now be used in Russia, state television channel IRINN said on Monday, showing the withdrawal of money using an Iranian bank card from an ATM in Russia. Iranians can now use their cards in Russia to pay for in-store purchases The operation was made possible by connecting Iran’s interbank network Shetab to its Russian equivalent Mir, the channel said. Iranians can currently withdraw money in Russia, and will in the future be able to use their cards to pay for in-store purchases, it added. “The plan is also going to be implemented in other countries that have a wide range of financial and social interactions with Iran, for example Iraq, Afghanistan and Turkiye,” it said. Both Iran and Russia have sought to counteract the effects of sanctions on their economies. Since the start of Russia’s invasion of Ukraine in 2022, Moscow has faced mounting sanctions, and its ties with Tehran have grown closer in parallel. Ukraine and its Western allies have since the start of the conflict accused Iran of supplying Russia with both drones and missiles for use in the war. Tehran and Moscow signed an agreement in June to strengthen their cooperation in the banking sector. In the future, Russians will also be able to use their bank cards in Iran, IRINN said, without specifying when. Russia has been pushing for the creation of an international payment platform as an alternative to the SWIFT service, from which key Russian banks have also been excluded since 2022. Published in Dawn, November 13th, 2024 Full Article World
b Don’t ‘normalise’ debt burden of the vulnerable: PM By www.dawn.com Published On :: Wed, 13 Nov 2024 10:05:31 +0500 • At COP29 leaders’ summit, Shehbaz Sharif reminds West of broken promises, calls for overhaul of global climate financing framework • Links humanity’s survival with health of glaciers, says Pakistan ready to work with world for their protection • Meets British, Danish, Turkish, Central Asian leaders among others on sidelines of climate summit BAKU: Prime Minister Shehbaz Sharif on Tuesday said that debt cannot become the “acceptable new normal” in climate financing, as he addressed the challenges faced by developing countries within the global climate finance framework. “We stand at a crucial threshold where global climate finance framework must be redefined to effectively meet the needs of vulnerable nations,” he told a Climate Finance Round Table Conference organised by Pakistan on the sidelines of the two-day World Leaders Climate Action Summit. He explained that financing in the form of loans increases the debt of developing nations and pushes them towards “mounting debt traps” which he referred to as “death traps”. “Debt cannot become the acceptable new normal in climate financing which is why we must resume focus on non-debt financing solutions enabling countries to fund climate initiatives,” the PM said. “Despite years of promises and commitments, the gaps are growing, leading to aggregate barriers in achieving objectives of the UN Framework Convention on Climate Change (UNFCCC).” View this post on Instagram Pakistan is ranked among the top 10 most climate-vulnerable countries, according to the Global Climate Risk Index 2021. It has faced increasingly frequent and severe weather events, such as unprecedented floods, intense monsoon rains, devastating heat waves, rapid glacial melting and glacial lake outburst floods. Calling climate financing an “urgent need of the hour”, PM Shehbaz said that developing countries need to deliver Nationally Determined Contributions (NDCs) and “need an estimated $6.8 trillion by 2030 to implement less than half of their current NDCs”. He further urged donor countries to “fulfil their commitment”, which is 4.7 per cent of their gross national product and capitalise on existing climate funds. The PM said that Pakistan can relate to the “agony and pain of other vulnerable countries”, highlighting how the country faced two devastating floods. While emphasising transparency and coordination in financial commitments made to developing countries, he stated that Pakistan alongside other developing countries, calls for stronger more equitable climate finance mechanisms under the UNFCCC. He reiterated the pertinent need for reform of international financial architecture saying that “now is the time to build up on the momentum for international financial reforms” so that no nation is left behind in the global response to climate change. Call to protect glaciers In remarks delivered later at an event on glaciers, the PM linked the survival of mankind with the health of glaciers, adding that Pakistan, as one of the most affected country, was ready to work with the international community to protect these valuable natural resources. View this post on Instagram Addressing Glaciers 2025; Actions for Glaciers, hosted by Tajik President Emamoli Rahmon, the prime minister called upon all the countries to unite in the efforts of protecting glaciers from pollution and snow melt by taking concrete and decisive actions to secure the future of glaciers as well as protect the mankind. He said Pakistan was home to 7,000 glaciers which provided an approximately 60 to 70 per cent water for the Indus River flow, supporting 90pc of agriculture and serving its 200 million people. However, the glaciers that provide water for this river have been shrinking over a period of time and at an alarming time, which is estimated at about 23pc decrease since 1960, he added. The prime minister said this retreat was driven by rising temperatures and the consequences of these changes were glaringly visible. He shared that accelerated glacial melt had led to the formation of more than 3,000 glacial lakes in the northern areas of Pakistan which were posing great threat. Out of these, he said, about 33 lakes were estimated at the risk of outburst flooding, putting lives of over 7 million people in danger. Meetings with world leaders On the sidelines of COP29, PM Shehbaz interacted with UAE President Sheikh Mohammed bin Zayed Al Nahyan and discussed cooperation on climate change. Mr Sharif also met with UK PM Sir Keir Starmer, where the two leaders discussed enhancing bilateral ties. He also met with Turkish President Recep Tayyip Erdogan and his wife Emine Erdogan, where they discussed environmental pollution as well as matters of mutual interest between the two friendly nations, the report added. PM Shehbaz also met with the Czech PM Petr Fiala and Danish PM Mette Frederiksen and stressed the need to enhance bilateral cooperation as well as build global consensus on the key climate change priorities. In his interactions with Nepal’s President Ramchandra Paudel and Bangladesh’s Muhammad Yunus, PM Shehbaz discussed growing temperatures, the threat of rising sea levels, and forest conservation in South Asia. Kazakhstan President Kassym-Jomart Tokayev and PM Shehbaz explored strengthening bilateral relations. In his meetings with Uzbek President Shavkat Mirziyoyev and Tajikistan’s Rahmon, the leaders spoke about the conservation of glaciers and water resources in Central Asian countries and Pakistan. With input from APP Published in Dawn, November 13th, 2024 Full Article Newspaper
b Tremors felt in KP, Islamabad as 5.1-magnitude quake jolts Afghanistan By www.dawn.com Published On :: Wed, 13 Nov 2024 11:05:35 +0500 Tremors were felt in various cities of Khyber Pakhtunkhwa as well as Islamabad on Wednesday after a quake jolted Afghanistan’s Badakhshan region. According to the United States Geological Survey (USGS), the earthquake had a magnitude of 5.1, while the Pakistan Meteorological Department (PMD) reported it as having a 5.3 magnitude. The USGS said the quake’s centre was located 37 kilometres west-southwest of Afghanistan’s Ishkashim town and had a 220.7km depth. The earthquake struck at 10:13am (Pakistan time), both the USGS and PMD confirmed. No casualties have been reported so far. DawnNewsTV reported that the tremors were felt in Peshawar and its adjoining areas, as well as Islamabad. Speaking to DawnNewsTV, two correspondents based in the cities said the quake caused people to evacuate buildings. More to follow Full Article Pakistan
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