Pakistan received the lowest climate financing

An independent evaluation report, undertaken by the Asian Development Bank

@ADB_HQ on climate change from 2011 to 2020, reveals that Pakistan received the lowest climate financing of just 5 per cent in the last decade, while #India secured 20 %. However, Maldives clinched the top position by securing 39 % of the total funds available for climate financing. The report, undertaken on the basis of 10 country case studies, said Maldives registered the highest share of climate finance to total lending (39pc). At the other end of the scale, Pakistan received the lowest share (5pc). In terms of the number of projects, the share of climate-tagged projects to total projects was highest in India, which almost reached the 75pc target, followed by the People’s Republic of China (PRC) (65pc) and Bangladesh (64pc). Overall, 55pc of the total projects in the 10 countries were climate-tagged.

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