ADB Agrees to provide clean energy projects to Pakistan

Special Assistant to the Prime Minister on Climate Change Malik Amin Aslam has said We have received an official letter from ADB and now it will take three months to complete its feasibility study. He said that the ADB will officially inform us about how many coal-powered projects it will buy in Pakistan after completion of this feasibility study.

The letter stated that the ADB has approved funds for the feasibility report to identify the coal-powered projects that would be bought in the coming months. An official said it is a huge success on the part of Pakistan because its efforts to preserve nature are being acknowledged at the international level.

The ADB has stated “Asia and the Pacific can only realize its climate goals if it pursues a transition away from coal-based energy in the near term. To accelerate this transition in the region, ADB is working with regional and international partners to support, study, and pilot a scalable ETM.”

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