This allocation supplements the PKR 10 billion released in July 2023, bringing the total funds disbursed for the polls to PKR 27.4 billion, as indicated by the Finance Ministry.
Indian banks continue to stand healthy, strong and resilient amidst global turmoil and while Non-Performing Assets (NPAs) are coming down, profit margins are going up, Finance Minister Nirmala Sitharaman said on Tuesday
According to a press release by Adani Renewables, this success marks a significant augmentation of AGEL's Construction Financing Framework, now totalling USD 3 billion. The funding comes from a consortium of international banks, solidifying its position as one of the most substantial Project
ADB President Masatsugu Asakawa highlighted the significance of nature as a crucial carbon sink, with ecosystems absorbing approximately 55 per cent of carbon dioxide emissions.
This gathering brought together leaders from multilateral institutions, including COP28 President Dr Sultan Al-Jaber, United Nations Framework Convention on Climate Change (UNFCCC) Executive Secretary Simon Stiell, World Bank Group President Ajay Banga, and GFANZ Co-Chair and UN Special Envo
Multilateral Development Banks (MDBs) joined together at the COP28 climate summit in Dubai to commit to ambitious climate action and unlock over US$180 billion in climate finance.
As per ADB, this initiative, focused on capital markets and private capital sources, aligns with ADB's commitment to combat climate change and protect the region's biodiversity.
The MDB statement said, "The window of opportunity to secure a liveable and sustainable future for all is rapidly closing. Recognizing the interlinkages between the triple planetary crises of climate, nature, and pollution, achieving the Sustainable Development Goals, the goals of the Paris
According to a press release by the World Bank, with projections indicating at least 21 million additional deaths by 2050 due to climate-related health hazards, the program aims to fortify health systems, particularly in vulnerable regions of sub-Saharan Africa and South Asia.
Benjamin Diokn, Secretary of Finance of the Philippines, underscored the significance of COP28 to the world in general and the Philippines in particulate, which he said is "one of the most prone countries to the effects of climate change".