Finance Minister Muhammad Aurangzeb has called for embedding climate considerations into macroeconomic and financial policies and design investable and bankable climate projects.
He was participating in the 13th Ministerial Meeting of the Coalition of Finance Ministers for Climate Action held on the sidelines of the IMF-World Bank Spring Meetings 2025 in Washington.
The Minister highlighted Pakistan's efforts to address climate change through the development of a Climate Prosperity Plan and a Climate Finance Strategy.
He informed the participants that the 10-year Country Partnership Framework signed with the World Bank includes climate-focused pillars on resilience and decarbonization.
Muhammad Aurangzeb also briefed the participants that Pakistan has reached a Staff Level Agreement with the IMF on a new arrangement under the Resilience and Sustainability Facility (RSF), aimed at supporting long-term balance of payments stability in the face of climate change.