Islamabad: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, engaged in a comprehensive meeting with Dr. Ma Jun, President of the Institute of Finance and Sustainability, Beijing, China, to discuss enhancing cooperation in sustainable finance and promoting green investment. The discussion aimed at supporting Pakistan’s transition towards a climate-resilient economic framework.
According to Press Information Department, the Finance Minister expressed appreciation for the longstanding cooperation between Pakistan and Chinese institutions in sustainable finance. He emphasized the importance of strengthening implementation capacity and institutional readiness to achieve meaningful outcomes in climate and development initiatives. The recent operationalization of Pakistan’s green taxonomy through the State Bank of Pakistan was highlighted as a significant step forward, building on earlier collaborative efforts and international practices.
The meeting underscored Pakistan’s ongoing efforts to strengthen its climate and development framework, with a focus on translating policy priorities into actionable initiatives. The Finance Minister noted that while financing avenues are expanding, there is a need for greater focus on project preparation, stakeholder coordination, and timely execution. He outlined the government’s broader reform agenda aimed at mobilizing sustainable finance, deepening capital markets, and facilitating investment in priority sectors such as agriculture, energy, and climate-resilient infrastructure.
Dr. Ma Jun shared international experiences in advancing green finance, emphasizing the role of taxonomies, capacity-building initiatives, and blended financing approaches. He outlined potential avenues for collaboration, including engagement with financial institutions and the private sector to support sustainable finance expansion. The Finance Minister welcomed these perspectives and stressed the importance of developing a coherent pipeline of investable opportunities through public-private collaboration.
The meeting also discussed the development of climate-related financing instruments and the role of partnerships with international financial institutions in supporting Pakistan’s sustainable development agenda. Both sides agreed on the value of continued technical engagement, knowledge sharing, and structured collaboration to support Pakistan’s transition towards a resilient, inclusive, and sustainable economic trajectory.