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Pakistan’s Move Toward a Greener Future

23 December, 2024
Table of Contents

    Pakistan is focused on a sustainable future right now! In line with the global plan to move away from fossil fuels, the country has signed the Fossil Fuel Non-Proliferation Treaty, as a commitment to reduce its reliance on oil, coal, and gas. 

     

    But this shift is greater than just protecting the environment. It is equally about creating new opportunities for investors and Pakistan’s growth. And that is exactly what we aim to do at One Homes. 

     

    We are creating investment avenues for overseas Pakistanis to capitalise on the growth so that they can be a part of the country’s progress and reconnect with their roots. 

    Pakistan Joins the Global Energy Transition

    Through funding and technological support, this signing will assist developing countries from fossil fuels. And Pakistan has been the first South Asian country to sign this global agreement.

     

    Prime Minister Shehbaz Sharif has also emphasised the need for climate justice and greater international collaboration during global forums like COP29. This was aimed at addressing Pakistan’s climate challenges and pushing wealthier nations to lead the shift towards renewable energy.

    The Shift to Electric Vehicles (EVs)

    Moreover, Pakistan has also introduced the New Energy Vehicle (NEV) Policy! This is developed to support this nation’s energy goals to make 30% of all new vehicles electric by 2030.

     

    What the policy includes:

    • Subsidies: PKR 4 billion to make EVs more affordable.
    • Lower Costs: Tax breaks and financing options to help buyers.
    • Cleaner Air: EVs will cut emissions and help reduce smog in cities.

     

    Right now, the transport sector uses about 30% of Pakistan’s energy and costs $1.3 billion every month. Moving to electric vehicles will lower fuel imports, improve air quality, and boost the economy.

    Driving Growth and Modernisation

    Switching to renewable energy and electric vehicles isn’t just good for the planet—it’s also good for business.

     

    What it means for Pakistan:

    • More jobs in tech and manufacturing.
    • New investments in energy and transport.
    • Cleaner cities and better public health.

     

    Experts say these changes will make Pakistan’s economy stronger and more sustainable in the long run.

    New Opportunities for Overseas Investors

    For overseas Pakistanis, these changes also bring new investment opportunities. With better infrastructure and a focus on clean energy, industries like real estate are set to grow.

     

    Whether you’re looking to buy a luxury home in Pakistan or earn financial freedom with passive income, the time to invest is now. Pakistan’s progress is opening doors for strong, reliable returns.

    One Homes: Building Connections and Investments

    At One Homes, we’re creating spaces that match Pakistan’s growth and promise. Through partnerships with Kobi Karp, Versace, and VX Studio, we’re bringing international standards to real estate in Pakistan.

     

    For overseas investors, we offer secure and high-return rental properties in Pakistan. Our projects make it easier to reconnect with your roots while building wealth and contributing to Pakistan’s future. Start your journey today!

    Book A Call Now

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