UNITED NATIONS: Pakistan has urged the United Nations to strengthen its commitment to supporting developing nations in tackling debt sustainability challenges.

Stressing that this burden has notably impeded efforts related to climate change and gender equality, Pakistan highlights the need for increased assistance in these crucial areas. In a recent gathering organised by the Group of Friends on Gender Parity to commemorate Inter­national Women’s Day, Pak­is­tan’s UN envoy, Amb­a­ssador Munir Akram, highlighted the crucial connection between climate finance, debt sustainability, and the plight of women in regions under foreign occupation.

“Debt sustainability remains a pressing issue for many developing countries as they grapple with the dual challenges of climate change and debt burdens,” he said.

He underlined that balancing the need for climate finance with debt sustainability requires innovative financing mechanisms. “By aligning climate finance with debt relief strategies, developing countries can better manage their financial obligations while advancing climate action and building a more sustainable and resilient future,” he said.

Urges action on climate finance, sustainability, and gender equality

This, he argued, would empower developing countries to manage their financial obligations effectively while simultaneously advancing climate action and fostering a sustainable future.

Drawing attention to the challenges faced by women under foreign occupation, specifically in Indian-occupied Jammu and Kashmir and Palestine, Ambassador Akram outlined a spectrum of difficulties ranging from systemic oppression to severe human rights violations. He asserted that women in these situations experience heightened vulnerability to violence, exploitation, and discrimination, with their rights often violated with impunity.

Commending the UN Secretary-General’s achi­eve­ments in gender parity at the senior UN management level in 2021, Ambassador Akram underscored the significant role gender parity plays in the empowerment of women and the creation of inclusive workplaces and societies.

However, he noted an existing imbalance in the representation of women from developed and developing countries, urging for equitable geographical representation at the United Nations. Amba­ssador Akram argued that such representation would make the organisation more dynamic, robust, and truly reflective of the aspirations of people from all regions and continents.

As the international community marked Inter­national Women’s Day this week, Pakistan’s call for a holistic approach that intertwines gender parity, climate action, and debt sustainability resonates with the requirements for building a more inclusive and sustainable future for all.

On Friday, the UN chief launched a plan to boost the empowerment of women and girls around the world, unveiling details at a meeting commemorating International Women’s Day. “Equality is overdue; to achieve it, we must match rhetoric with resources,” UN Secretary-General António Guterres said.

Published in Dawn, March 11th, 2024

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

Opinion

Editorial

Narcotic darkness
08 May, 2024

Narcotic darkness

WE have plenty of smoke with fire. Citizens, particularly parents, caught in Pakistan’s grave drug problem are on...
Saudi delegation
08 May, 2024

Saudi delegation

PLANS to bring Saudi investment to Pakistan have clearly been put on the fast track. Over the past month, Prime...
Reserved seats
Updated 08 May, 2024

Reserved seats

The truth is that the entire process — from polls, announcement of results, formation of assemblies and elections to the Senate — has been mishandled.
Impending slaughter
Updated 07 May, 2024

Impending slaughter

Seven months into the slaughter, there are no signs of hope.
Wheat investigation
07 May, 2024

Wheat investigation

THE Shehbaz Sharif government is in a sort of Catch-22 situation regarding the alleged wheat import scandal. It is...
Naila’s feat
07 May, 2024

Naila’s feat

IN an inspirational message from the base camp of Nepal’s Mount Makalu, Pakistani mountaineer Naila Kiani stressed...