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    Pakistan surpasses goal, & generates over $9 billion for flood recovery efforts!vv

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Home News Politics

Pakistan surpasses goal, & generates over $9 billion for flood recovery efforts!

TOW by TOW
January 10, 2023
in Politics, Asia, Business, Global Business, International, Markets, News, Pakistan, REGION, Top News, World
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Pakistan surpasses goal, & generates over $9 billion for flood recovery efforts!vv

Pakistan surpasses goal, & generates over $9 billion for flood recovery efforts!

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Pakistan has been hit with one of the worst floods in its history, causing widespread damage and displacement of millions of people. The government and international organizations have been working tirelessly to provide aid and assistance to those affected by the disaster. Recently, donors from around the world have pledged more than $9 billion for Pakistan’s flood recovery efforts.

On the day of a summit at the United Nations in Geneva, Switzerland, the flags of the United Nations and Pakistan were displayed as the meeting aimed to address climate resilience in Pakistan, following the devastating floods that occurred in the country months prior.
On the day of a summit at the United Nations in Geneva, Switzerland, the flags of the United Nations and Pakistan were displayed as the meeting aimed to address climate resilience in Pakistan, following the devastating floods that occurred in the country months prior.

The flood, which began in late July, affected over 20 million people in Pakistan and destroyed or damaged more than 2 million homes. The disaster also affected agriculture, with an estimated 2.5 million hectares of crops being lost. The damage to infrastructure, including roads and bridges, is also extensive. The cost of rebuilding and recovery is expected to be immense.

The government of Pakistan has been appealing for international assistance, and the response has been overwhelming. Donors from around the world have pledged more than $9 billion to aid in the recovery efforts. The United States has pledged $150 million in aid, while the United Kingdom has pledged $96 million. Saudi Arabia and the United Arab Emirates have also made significant contributions, with pledges of $200 million and $100 million respectively. Other countries, including Canada, China, Germany, and Japan have also made significant contributions.

The United Nations has also pledged to assist in the recovery efforts. The UN has launched an appeal for $460 million to provide emergency relief, including food, shelter, and medical assistance. The organization has also pledged to assist in the rebuilding and recovery efforts, including the reconstruction of homes, schools, and infrastructure.

The UN has launched an appeal for $460 million to provide emergency relief, including food, shelter, and medical assistance.
Food Relief
The UN has launched an appeal for $460 million to provide emergency relief, including food, shelter, and medical assistance.
Shelters & Medical assistance

The government of Pakistan has welcomed international assistance and has pledged to ensure that the aid reaches the people who need it most. The government has also vowed to be transparent and accountable in the handling of the aid and recovery efforts. The Prime Minister of Pakistan, Syed Yousuf Raza Gilani, has thanked the international community for their support and has assured them that the government will do its best to ensure that the aid reaches the people who need it most.

In conclusion, Pakistan has been hit with one of the worst floods in its history, causing widespread damage and displacement of millions of people. The government and international organizations have been working tirelessly to provide aid and assistance to those affected by the disaster. Recently, donors from around the world have pledged more than $9 billion for Pakistan’s flood recovery efforts. The government of Pakistan has welcomed international assistance and has pledged to ensure that the aid reaches the people who need it most. The international community will continue to work together to help Pakistan recover from this devastating disaster.

At the end of the day, a document outlining the outcome of the meetings was released. It stated that the delegations remembered their aid to emergency relief efforts and confirmed their support for the people of Pakistan in their efforts toward a strong recovery, rehabilitation, and rebuilding.

The International Conference on Climate Resilient Pakistan was co-hosted by the @GovtofPakistan & @UN on 9 January 2023, in Geneva, in the backdrop of the devastating floods in 🇵🇰 in 2022.

👇🏼🔗 link for brief summary of various aspects of the conferencehttps://t.co/W7l5t0rFuA

— Spokesperson 🇵🇰 MoFA (@ForeignOfficePk) January 9, 2023

Information Minister Marriyum Aurangzeb previously stated that the initial plenary of the conference resulted in a significant response from the global community. She shared on Twitter that the European Union pledged $93 million, Germany pledged $88 million, China pledged $100 million, the Islamic Development Bank pledged $4.2 billion, the World Bank pledged $2 billion, Japan pledged $77 million, the Asian Development Bank pledged $1.5 billion, USAID pledged $100 million, and France pledged $345 million.

The first plenary of day-long Geneva conference culminated in generous outpouring of int’l community, EU pledged $93 million, Germany $88 million, China $100 million, IDB $4.2 Billion, WB $2 billion, Japan $77 million, ADB $1.5 billion #ResilientPakistan

— Marriyum Aurangzeb (@Marriyum_A) January 9, 2023

As the second session of the climate conference commenced, the minister announced that the Asian Infrastructure Investment Bank (AIIB) had committed to providing $1bn.

In second plenary phase of Geneva moot, development partners are exploring collaborative ways to build back better. Asian Infrastructure Investment Bank has pledged $1 billion to build back better climate resilient infrastructure& adaptation.#ResilientPakistan

— Marriyum Aurangzeb (@Marriyum_A) January 9, 2023

In a later tweet, she stated that Saudi Arabia had committed to providing $1 billion for Pakistan’s rebuilding efforts.

The brotherly country Kingdom of Saudi Arabia has pledged $1 billion to assist Pakistan in daunting task of resilient recovery and rehabilitation. millions.#ResilientPakistan

— Marriyum Aurangzeb (@Marriyum_A) January 9, 2023

“Pakistan experiences double the impact of climate change.”

During his initial speech at the Geneva gathering, Guterres implored the global community to make “massive investments” to assist Pakistan. He stated, “No country deserves to endure what happened to Pakistan.

The Prime Minister, Shehbaz Sharif, stated that the country is dedicated to the IMF program but is requesting the IMF for some flexibility in order to fulfill its obligations without providing further details. He emphasized the need for a new lifeline for individuals and the economy to recover and move forward into the 21st century without being exposed to severe risks to human security.

According to the UN, there are still millions of homes, thousands of kilometers of roads and railways, and tens of thousands of schools that require rebuilding. Unfortunately, efforts to secure funding for the initial emergency phase of the disaster response were not successful, as the humanitarian aid package of $816 million is currently less than half funded, according to UN data.

Tags: $9 billion for flood recovery efforts$9 billion for Pakistan’s flood recovery efforts.Donors pledge more than $9 billion for Pakistan’s flood recoverylatest newslatest news todaytimes of worldtoday latest newstowworld latest newsworld news
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