Pakistan at COP27 demands climate aid, says ‘dystopia’ already here

Published
40
Climate Change Minister Sherry Rehman speaks at a high-level segment ’Reflections from the ground: Opportunities for upscaling preparedness to future climate shocks and climate events, at the Water Pavilion during COP27. — Photo courtesy Sherry Rehman Twitter
Climate Change Minister Sherry Rehman speaks at a high-level segment ’Reflections from the ground: Opportunities for upscaling preparedness to future climate shocks and climate events, at the Water Pavilion during COP27. — Photo courtesy Sherry Rehman Twitter

Pakistan will not be satisfied unless United Nations climate summit negotiators unlock emergency cash for the country to rebuild after this year’s devastating floods, Climate Change Minister Sherry Rehman said on Thursday.

“The dystopia has already come to our doorstep,” she told Reuters in an interview on the sidelines of the COP27 summit in Egypt.

She lamented the glacial pace of climate diplomacy, saying it cannot meet the needs of a country struggling to recover from climate-fuelled flooding that caused more than $30 billion in economic losses.

“The political advances we make here will have very little meaning on the ground unless there is a transfer of resources that shifts the needle on how people face the future,” she said.

Read | Pakistan needs $348bn for climate and development challenges: World Bank

Pakistan is playing a high-profile role at the COP27 summit in Egypt this year, serving as one of two co-chairs invited by conference host Egypt, with the other being Norway.

Pakistan also represents the G77 umbrella group of developing countries, pushing for a doubling in finance to help poor nations adapt to climate impacts.

To date, only about a third of climate finance delivered has gone toward adaptation projects, and the full sum promised — $100bn per year — has never been paid in full. Last year saw just over $80bn transferred.

Pakistan was key to getting the thorny issue of “loss and damage” onto the official UN summit agenda — a diplomatic coup after decades of resistance from rich nations. The move opened the door for talks to address vulnerable countries’ demand to be compensated when hit by climate-fuelled disasters.

But incremental progress made in these discussions, which can go on for years, still wouldn’t be enough for Pakistanis back at home to consider the talks a win, she said.

“If I say, ‘well, adaptation has now been put as a priority’ … or ‘there’s a 50-50 allocation in terms of priority between mitigation-adaptation’, it’s not going to mean very much to somebody whose house has been burned down by a forest fire or somebody who has lost a family member in the floods,” she said.

Prime Minister Shehbaz Sharif has called on rich countries to offer compensation and debt relief to help cover Pakistan’s efforts to rebuild and fortify the country against more severe climate impacts.

September’s floods engulfed vast areas of the country, affecting some 33 million people and leaving hundreds of thousands homeless.

Rehman said that any new money pledged either for loss and damage or for adaptation needs to be followed up “with speed and agility”, because countries like Pakistan have no time to waste.

She said she supported the call by the United States, Britain and other countries to overhaul international financial institutions to better respond to the disasters expected as the atmosphere continues to warm.

“There is a recognition [at COP27] that we are facing a new climate normal for the world,” she said. “But there still isn’t a recognition that the financial system that’s been running the world … is not going to be able to bail out the millions that are dying and in need.”

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Expanding conflict
31 Jul, 2026

Expanding conflict

WITH neither of the belligerents willing to back down, and the theatre of conflict expanding geographically, the...
Spoils and spats
31 Jul, 2026

Spoils and spats

A FIGHT over assembly seats in Azad Jammu and Kashmir has laid bare what seem to be some deep resentments between ...
Unfair tax system
31 Jul, 2026

Unfair tax system

THE disclosure that the FBR collected nearly Rs1.9tr in sales and income taxes through electricity bills over the...
Debt that stays
30 Jul, 2026

Debt that stays

THE power sector’s circular debt grew by Rs61bn in the last fiscal year, taking the total to roughly Rs1.67tr from...
HIV warning
30 Jul, 2026

HIV warning

THE HIV infections detected around two SESSI-run hospitals in Karachi demand far more than another hurried committee...
End trafficking
30 Jul, 2026

End trafficking

MODERN slavery, in the form of human trafficking, is among the state’s gravest failures. Scores of Pakistanis are...