The Urgent Need for Climate-Resilient Investments
From prolonged droughts to devastating hurricanes, climate-related disasters have surged globally, causing large-scale infrastructure damage and economic losses. Weak institutional coordination has historically hampered investment efficiency. Many conventional institutions fail to integrate climate considerations into infrastructure projects, leading to unsustainable development. Hence, there is a mounting climate adaptation financing gap. To bridge this gap, Pakistan […]
Carbon Offsets and Additionality: Why Common Practice Matters
In the realm of carbon offset projects, the concept of additionality is pivotal. A project is deemed additional if its greenhouse gas (GHG) reductions would not have occurred without the revenue from carbon credits. Conversely, if a project’s activities are already standard practice within an industry or region—a scenario known as common practice—it fails the […]
The Urgent Need for Climate Education in Pakistan
On Saturday, 16 November 2024, at the Pakistan Pavilion in Baku during COP29, the University of Cambridge, through Sustainable Development Law & Policy, Democratising Education for Global Sustainability and Justice, Lucy Cavendish College, University of Cambridge, the Ministry of Climate Change and Environmental Coordination, and the Institute of Business Administration Karachi, entered into a Letter […]
Is Woke Capitalism Watering Down ESG Risk Management?
Environmental, Social, and Governance (ESG) factors have become central to corporate responsibility, reshaping how businesses approach risk management. Where companies were once primarily driven by financial performance, today they must account for their environmental impact, social practices, and governance structures, especially in the European Union. While this shift is largely seen as a positive development, […]
The Climate Data Revolution: Harnessing Open-Source Platforms for a Sustainable Future
In a world with the escalating impacts of climate change, the demand for robust, reliable, and accessible climate data has never been more critical. For stakeholders ranging from financial institutions to regulators, climate data is the bedrock upon which comprehensive climate risk assessments, strategic mitigation, and adaptation efforts are built. However, the path to accessing […]
Clean Cooking for a Carbon-Free Future in Pakistan: A Critical Mission
Imagine waking up each morning in northern areas of Khyber Pakhtunkhwa. The air is thick with the scent of burning wood. For most of the people in KP, this scent is a daily reality, as they cook over open fires. As per estimates, approximately 25 million households in Pakistan require clean cooking solutions, and about […]