Washington: Finance Minister Muhammad Aurangzeb has called for embedding climate considerations into macroeconomic and financial policies and design invest-able and bankable climate projects.
He was participating in the 13th Ministerial Meeting of the Coalition of Finance Ministers for Climate Action held on the sidelines of the IMF-World Bank Spring Meetings 2025 in Washington.
The Minister highlighted Pakistan’s efforts to address climate change through the development of a Climate Prosperity Plan and a Climate Finance Strategy.
He informed the participants that the 10-year Country Partnership Framework signed with the World Bank includes climate-focused pillars on resilience and decarbonization.
Muhammad Aurangzeb also briefed the participants that Pakistan has reached a Staff Level Agreement with the IMF on a new arrangement under the Resilience and Sustainability Facility (RSF), aimed at supporting long-term balance of payments stability in the face of climate change.
