Pakistan and the United Nations held a major conference in Geneva on Monday aimed at marshaling support to rebuild the country after devastating floods.<\/p>\n\n\n\n
Record monsoon rains and melting glaciers last September displaced some 8 million people and killed at least 1,700 in a catastrophe blamed on climate change.<\/p>\n\n\n\n
Most of the waters have now receded but the reconstruction work, estimated at around $16.3 billion, to rebuild millions of homes and thousands of kilometers of roads and railway is just beginning and millions more people may slide into poverty.<\/p>\n\n\n\n
Islamabad, whose delegation is led by Prime Minister Shehbaz Sharif, presented a recovery \u201cframework\u201d at the conference.<\/p>\n\n\n\n
Guterres, who visited Pakistan in September, has previously described the destruction in the country as \u201cclimate carnage.\u201d<\/p>\n\n\n\n
\u201cThis is a pivotal moment for the global community to stand with Pakistan and to commit to a resilient and inclusive recovery from these devastating floods,\u201d said Knut Ostby, United Nations\u2019 Development Programme\u2019s Pakistan Representative.<\/p>\n\n\n\n
Additional funding is crucial to Pakistan amid growing concerns about its ability to pay for imports such as energy and food and to meet sovereign debt obligations abroad.<\/p>\n\n\n\n
However, it is far from clear where the reconstruction money will come from, especially given difficulties raising funds for the emergency humanitarian phase of the response which is around half funded, according to UN data.<\/p>\n\n\n\n
At the COP27 meeting in Egypt in November, Pakistan was at the forefront of efforts that led to the establishment of a \u201closs and damage\u201d fund to cover climate-related destruction for countries that have contributed less to global warming than wealthy ones.<\/p>\n","protected":false},"excerpt":{"rendered":"
Pakistan and the United Nations held a major conference in Geneva on Monday aimed at marshaling support to rebuild the country after devastating floods. Record monsoon rains and melting glaciers last September displaced some 8 million people and killed at least 1,700 in a catastrophe blamed on climate change. Most of the waters have now …<\/p>\n","protected":false},"author":4,"featured_media":89497,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_108372464460192_245495985553329":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[31,13],"tags":[378,36,172],"class_list":["post-89496","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-pakistan","tag-flood","tag-pakistan","tag-united-nations"],"yoast_head":"\n