‘Recharge Pakistan’ Initiative: A $77.8 Million Boost for Climate Resilience at COP28

In a groundbreaking announcement at COP28 in Dubai, Prime Minister Anwar-ul-Haq Kakar unveiled “Recharge Pakistan,” a $77.8 million initiative over seven years, dedicated to harnessing nature for climate adaptation. With contributions from the Green Climate Fund, USAID, The Coca-Cola Foundation, and WWF-Pakistan, this initiative prioritises nature-based solutions to fortify ecosystems, particularly the vulnerable Indus Basin.

 

Emphasising the urgency of collective action, Prime Minister Kakar outlined the interconnectedness between Pakistan and the Indus basin. The Living Indus framework, a government priority, aims to restore and promote a healthy Indus, making Recharge Pakistan a flagship project under this vision.

 

The project not only addresses flooding and drought impacts but also signifies a groundbreaking partnership between Pakistan, the United States, the GCF, Coca-Cola Foundation, and WWF. Saadia Madsbjerg, President of The Coca Cola Foundation, highlighted the project’s role in resolving complex environmental challenges, crucial for the long-term sustainability of the Indus Basin.

 

Hammad Naqi Khan, Director General WWF-Pakistan, commended the project as a classic example of the right finance, partnerships, and planning required to tackle the climate crisis. Recharge Pakistan exemplifies a collaborative effort involving Pakistan’s Ministry of Climate Change, the Federal Flood Commission, local communities, and international partners, signalling a bold move toward safeguarding ecosystems and ensuring a sustainable legacy.

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