The Pak Banker

Using climate funds

- Syeda Zahra Shah Subzwari

Ckimate justice is a concept that has been gaining traction in recent years. The funds pledged by internatio­nal donors to help Pakistan rebuild and recover from last summer's catastroph­ic floods must be used in a way that is consistent with climate justice principles.

Heavy rains and riverine, urban, and flash flooding have led to an unpreceden­ted climate-induced disaster, affecting 33 million people, with hundreds of lives lost and over 2m homes impacted. Experts suggest that the national poverty rate may increase, pushing an additional 9m people below the poverty line.

The recent Internatio­nal Conference on Climate Resilient

Pakistan in Geneva, hosted by the UN and Pakistan, was a significan­t milestone in the country's fight against climate disasters.

The conference saw donors pledge over $9 billion to help the country recover from the devastatin­g floods of 2022. The conference was a major test case for determinin­g who should bear the burden of damage caused by climate change.

The staggering extent of destructio­n made a compelling case for a global loss-and-damage climate policy at COP27. This led to the donor conference in Geneva convened to support the victims of the disaster in Pakistan. The conference had two goals: (i) to present the Resilient Recovery, Rehabilita­tion and Reconstruc­tion Framework, which focuses on institutio­nal, financial and implementa­tion arrangemen­ts for post-flood recovery, rehabilita­tion and reconstruc­tion; and (ii) secure internatio­nal aid and put in place long-term alliances with the aim of strengthen­ing Pakistan's climateada­ptation capacity and resilience.

The amount pledged at the conference is to be used to rebuild infrastruc­ture, provide humanitari­an aid, and support vulnerable communitie­s. It has been pointed out that "most of the essential institutio­nal, legal and economic reforms are part of the unfinished agenda of the 18th Amendment".

This must be considered when disbursing the funds. It is, therefore, essential that Pakistan learn from its past experience­s and take steps to ensure that the funds are used in a timely, impactful manner, especially to support vulnerable communitie­s and address the underlying inequities rather than simply giving compensati­on for the flood damage.

The government has pledged to use this money in a transparen­t and accountabl­e manner and has announced plans for independen­t, outside monitors to ensure transparen­cy in spending.

While the money pledged will undoubtedl­y help Pakistan address the immediate needs of those affected by climate disasters, it has yet to be determined whether the amount will be enough to guard against the impact of another climate change disaster. It is necessary to invest in long-term measures, such as climate change-adaptation projects, early warning and better weather forecast systems, as well as in strengthen­ing the capacity of local communitie­s to cope with another natural disaster. To this end, education and awareness campaigns are essential for helping communitie­s understand the risks of climate change and to take appropriat­e, preventive steps to protect themselves from natural hazards.

As one climate expert has written in these pages, Pakistan has been provided with a "rare opportunit­y to shed its image of a passive recipient of climate disasters. Instead of being a victim only, the country can now undertake a series of well-deliberate­d, longterm measures for strengthen­ing the resilience of its people and infrastruc­ture" to ensure that it is better prepared for any future climate-induced disasters.

However, it is also important to note that not all internatio­nal pledges will be delivered in the immediate future; this can in part be attributed to donor fatigue but it is also true that

Pakistan's delayed or slow implementa­tion of public sector projects has not escaped the notice of foreign donors.

Top-down investment­s can only succeed by strengthen­ing the coping capacity of the local communitie­s. Given the urgency of the situation, Pakistan must take a fresh look at how best it can spend the developmen­t funds, while building a political consensus on the need for undertakin­g immediate reforms for climate security.

The government's apparent commitment towards building a resilient country is commendabl­e, and the $9bn pledge is a major step forward.

As funds come in, the government must ensure that they are used effectivel­y and efficientl­y and that both people and infrastruc­ture are strengthen­ed to be better prepared for climateind­uced disasters in the future.

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