Bangkok: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, engaged in discussions with Mr. Alexander De Croo, UNDP Administrator and UN Under-Secretary-General, focusing on development financing, climate resilience, and employment during the World Bank Group-IMF Annual Meetings 2026 in Bangkok, Thailand.

According to Press Information Department, the discussions emphasized enhancing implementation capacity to convert available financing and policy frameworks into actionable projects. The dialogue included UNDP’s Implementation Bridge and the creation of an investable project pipeline through platforms like the SDG Investment Fair and the V20.

The meeting considered various financial strategies such as integrated financing, blended finance, public-private partnerships, and enhanced cooperation between UNDP and the World Bank. Biodiversity financing and possible debt-for-nature and debt-for-climate swaps were also discussed, with attention to Pakistan’s external debt structure.

Senator Aurangzeb underscored the importance of private sector-driven job creation and advancing cash flow-based lending, digital finance, and guarantees for small businesses and farmers. He also highlighted opportunities for collaboration on climate risk insurance, including initiatives like the Global Shield and parametric insurance.