NEW YORK: Pakistan has voiced its support for the COP31 Action Agenda, emphasizing the need for effective implementation of climate plans. Finance Minister Muhammad Aurangzeb made this announcement during the launch event in New York.
According to Radio Pakistan, the Finance Minister underscored Pakistan’s vulnerability to climate change and highlighted several shared priorities. These include the expansion of renewable energy, the promotion of energy-efficient buildings, climate-resilient urban planning, climate education, and public awareness, as well as ensuring food security through climate-resilient agricultural practices.
At a meeting organized by the World Economic Forum titled “Financing Planet and Prosperity,” the Finance Minister detailed the government’s initiatives aimed at enhancing disaster-response frameworks. He also discussed the development of early-warning systems and costed climate-investment plans. Aurangzeb stressed the importance of combining external assistance with domestic resources and fiscal measures to address climate-related challenges.
Furthermore, during the “United Nations Digital Cooperation Day 2026 – Blockchain and the Tokenized Future” event, Senator Aurangzeb addressed Pakistan’s move towards a regulated virtual assets framework. He highlighted the necessity of supporting private-sector innovation with robust state safeguards, inclusive digital infrastructure, and international collaboration. The aim is to ensure that emerging economies are active participants in establishing global standards.