Federal Minister for Planning, Development, and Special Initiatives, Prof. Ahsan Iqbal, emphasized the critical need for sustainable infrastructure to ensure Pakistan’s long-term prosperity. Addressing a gathering of policymakers, economists, and climate experts, he highlighted that infrastructure development must prioritize not only economic growth but also environmental resilience and public health.InstagramProfit by Pakistan Today
Key Highlights from the Minister’s Address
- Climate-Resilient Infrastructure Prof. Iqbal underscored the importance of integrating climate resilience into infrastructure projects. He cited the Global Commission on Adaptation’s findings, noting that every dollar invested in climate-resilient infrastructure could yield a fourfold return by preventing future losses. Initiatives such as urban green infrastructure, including green belts and permeable surfaces, are being implemented to mitigate urban heat and enhance resilience, particularly in cities like Jacobabad and Lahore.
- Investment in Climate-Literate Professionals The Minister highlighted the necessity of investing in professionals equipped with climate literacy—engineers, architects, urban planners, and economists. These experts are essential for designing and implementing infrastructure that can withstand the challenges posed by climate change.
- Financial Strategies for Sustainable Development To bridge the climate finance gap, Prof. Iqbal advocated for innovative financial instruments such as green bonds, resilience bonds, and public-private partnerships. Mobilizing both domestic and international capital is crucial to fund sustainable infrastructure projects.
- Policy Integration and Collaboration The Minister emphasized the need for continued collaboration with institutions like the Pakistan Institute of Development Economics (PIDE) and the Asian Infrastructure Investment Bank (AIIB) to embed climate resilience into national policy frameworks. This collaborative approach ensures that infrastructure development aligns with the country’s environmental and economic goals.
Conclusion
Prof. Ahsan Iqbal’s address serves as a call to action for Pakistan to prioritize sustainable infrastructure development. By integrating climate resilience, investing in skilled professionals, and adopting innovative financial strategies, Pakistan can build infrastructure that not only supports economic growth but also safeguards the environment and public health for future generations.
