Recharge Pakistan secures approval of $77.8m funding : Sherry Rehman
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Climate Change and Environmental Coordination Minister has announced securing approval of $ 77.8 million funding for the Recharge Pakistan project.
Taking to Twitter, the minister announced the breakthrough update and described it as good news for Pakistan.
“Good news for Pakistan! Our Recharge Pakistan project, which will be implemented over the next 7 years, has been approved today for funding of 77.8 M USD. These include GCF resources of $66 million and co-financing of around $11.8m.
“This adaptation project aims to initiate ecosystem-based adaptation (EBA) interventions that will store flood water in wetlands, floodplains and depressions (green infrastructure) at several priority sites, build community resilience at these sites, and enable the Government of Pakistan, including all lead provinces and stakeholders to implement & replicate such nature-based solutions for climate resilience.”