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17:03 Dec 30, 2025
Pakistan and the Asian Development Bank (ADB) on Tuesday signed two major climate resilience initiatives—one focused on Sindh and the other on Punjab—according to a statement issued by the Economic Affairs Division. The projects include the $180.5 million Sindh Coastal Resilience Sector Project (SCRP) and the $124 million Punjab Climate-Resilient and Low-Carbon Agriculture Mechanisation Project. Economic Secretary Muhammad Humair Karim “expressed his sincere appreciation for ADB’s role as a trusted development partner and its continued support to Pakistan in advancing climate resilience, sustainable agriculture, and inclusive growth”, the statement read. Karim highlighted that the SCRP will promote integrated water resource and flood risk management and restore nature-based coastal defences. It is also expected to strengthen the institutional and community capacity for strategic action planning. “The project, financed through $140.5m from [the] ADB (including [a] $140m loan and [a] $500,000 technical assistan...