Daily Times

In a major development of the concerted efforts towards a green future, the Sustainable Development Policy Institute (SDPI) of Pakistan joined the Beijing Initiative for Belt and Road Green Development as a founding member.

The initiative was launched in Beijing today at the High-Level Forum on Green Development. The Forum is part of the two-day Third Belt and Road Forum for International Cooperation that ended today. The Green Investment and Finance Project (GIFP) of BRI partners was kicked off in tandem.

Dr. Abid Qaiyum Suleri, executive director of the Sustainable Development Policy Institute (SDPI), told reporter from China Economic Net (CEN) that green financing is the solution to climate-friendly economic growth.

“Our institution will continue to work closely with Chinese partners to address common climate concerns”.

Shakeel Ahmad Ramay, Chief Executive Officer of Asian Institute of Eco-civilization Research and Development, said in an interview with CEN that as Pakistan is facing both economic and environmental challenges, green financing will help the country mitigate both problems, reducing poverty and providing climate-compatible infrastructure.