Islamabad, June 04, 2021 (PPI-OT):The UK, Germany and Canada have appreciated Pakistan’s efforts for launching a Nature Performance Bond initiative which could contribute significantly to promoting action on climate change and sustainable development. In a joint statement issued in Islamabad, Pakistan and the three countries said they are looking forward to engage in dialogue on the modalities of Nature Performance Bond that could enable green recovery. This Bond will be developed by a consortium of financial advisers consistent with market conditions and enabling environment for private sector finance as well as non-traditional development partners to play their role in sustainable development.
For more information, contact:
Ministry of Information and Broadcasting
Government of Pakistan
4th Floor, Cabinet Block, Pak. Secretariat, Islamabad, Pakistan