Rupee sheds 19 paisa against dollar

Islamabad: Pakistani rupee on Thursday depreciated by 19 paisa against the US dollar in the interbank trading and closed at Rs279.14 against the previous day's closing of Rs278.95.

However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 279.60 and Rs 281.10, respectively.

The price of the Euro increased by Rs 1.73 to close at Rs289.75 against the last day's closing of Rs288.02, according to the State Bank of Pakistan (SBP).

The Japanese yen went up by 03 paisa and closed at Rs1.82, whereas an increase of Rs1.86 was witnessed in the exchange rate of the British Pound, which was traded at Rs348.17 as compared to the last day's closing of Rs346.31.

The exchange rates of the Emirates Dirham and the Saudi Riyal increased by 06 and 05 paisa to close at Rs76.00 and Rs74.42 respectively.

Family of ailing boy remind promise to Gandapur for treatment

Islamabad: The uncle of an 11-year-old boy named Hassan, who is suffering from a lung disease, on Thursday appealed to the Chief Minister (CM) of Khyber Pakhtunkhwa (KPK), Ali Amin Gandapur, to fulfil his promise and bear the expenses of the boy's treatment.

The uncle, Ali Rehman, made this appeal during a press conference at the National Press Club, according to a press release.

He said that about seven months ago, CM had come to know about the illness of Hassan through social media and had promised to bear the expenses of his treatment.

The treatment was very expensive, costing around $65,000 and the boy's family could not afford it, he added.

It was needed to get treatment in Bangalore, India, and the validity of the visa left two more months; he said.

However, despite repeated contacts at the CM house, no satisfactory response has been received, and the visa was about to expire, Rehman said.

Another boy from Batgram, Maaz Jani, who was also suffering from the same disease, has passed away, he emphasised.

Ali Rehman has appealed to the CM and the philanthropists in the country to come forward to save Hassan's life.

Climate change biggest threat, impediment to Pakistan’s economic & environmental resilience: Experts

Islamabad: The global experts convened at the Breath Pakistan International Climate Change Conference on Thursday warned that exacerbating climate change was the biggest threat and impediment to the countries of the global south especially Pakistan to achieve economic and environmental resilience.

The inaugural of the two-day conference titled "The World, Pakistan and Provinces in Climate Change" was opened by Minister for Planning, Development and Special Initiatives, Prof. Ahsan Iqbal who critically outlined the country's rising climate vulnerability, its losses and damages embraced during past climatic disasters and the government's initiatives leading climate change from the front.

UN Resident and Humanitarian Coordinator, Mohamed Yahya in his keynote address quoted the United Nations Secretary-General, Antonio Guterres' remarks saying, 'We are on a Highway to Climate Hell with our foot still on the accelerator.' He added that the greenhouse gas emissions (GHGs) continued to rise towards a catastrophic increase of earth temperature of 3.1 degrees Celsius by the end of this century which was far beyond the targets agreed under the Paris Agreement.

In the 2022 floods, he said Pakistan's experience was globally known as it faced about $30 billion economic losses, with one-third country submerged. This magnitude of disaster should have been a wake-up call to the world but still emissions were rising and support to vulnerable nations to respond to the climate disasters was needed, he added.

Climate injustice which was a global buzzword had become a reality for the communities in many parts of Pakistan, he said, adding, 'Living Indus Initiative was recognized by the UN World Restoration as a flagship programme and it is one of the most ambitious climate adaptation and river restoration projects that aims to restore 30 per cent Indus Basin by 2030.'

Pakistan's leadership for restoring Indus River should be a source for national pride and a call for international help, Mohamed Yahya said. Pakistan and the region must invest broadly in climate resilience, renewable energy, sustainable agriculture, and mobilize private sector, he added.

Global Director for Climate Change, World Bank, Valerie Hickey shared the sentiments expressed by the UN Resident and Humanitarian Coordinator and noted that the world was on the track to reach 3.1 degrees Celsius temperature rise. World Bank co-wrote the Climate and Development Report that showed Pakistan would lose 6.5-9 per cent of its GDP annually by 2050 due to climate change. 'Today, Pakistan losses 6 per cent of its GDP due to inefficient urban transportation and it will lose more due to air pollution annually as the economic costs are higher,' she added.

Climate change is everybody's problem, she said was a myth that needs to be broken as it was the problem of the poor and the World Bank had the job to help Pakistan end poverty. 'Pakistan has lifted 48 million people out of the indignity of poverty and climate change is going to stop it. Pakistan cannot achieve its status of upper middle income country by 2047 amid climate change because it is still going to have 30 percent of the country to live in poverty as climate change is a poverty trap and tarpit,' she added.

During the provinces' perspective, Chief Minister, Khyber Pakhtunkhwa (KP), Ali Amin Khan Gandapur informed the participants that KP's forest area was 37 per cent of the total land of the province that makes around 40-45 percent of the forest cover of Pakistan that sequesters around 50 per cent of the country GHGs as a massive carbon sink. He added that as per the UNDP and World Bank study, around Rs332 billion were required to raise this size of forest and the KP province and its people were protecting these forests to ensure climate resilience of 250 million countrymen.

Since 2017, the KP government spent more than Rs657 billion to improve and increase its forest area, CM KP Ali Amin Gandapur said. He also highlighted that the forest cover of KP was 26 per cent after massive afforestation and conservation efforts which was above international average of 25 per cent. He proposed the federal government to allocate 10 per cent of the National Finance Commission (NFC) Award allocation for forestation as India did to support provinces in preserving and increasing forests that not only protect and enhance green cover but rather generate thousands of livelihood opportunities for the communities.

During the session Climate Justice, UNDP Resident Representative, Samuel Rizk said Pakistan's climate commitments, climate diplomacy on loss and damage fund was commendable that made the country emerge as the voice for many countries lacking voice at the global climate forum. The critical role of legal and institutional systems for climate justice could not be overstated, he added.

Senior Puisne Judge Supreme Court of Pakistan, Mansoor Ali Shah his keynote address said climate change was a present and accelerating crisis for the global south nations including Pakistan that emit the least but bear the maximum burden of climate disasters.

In Pakistan, he said floods and climate catastrophes like 2022 floods created havoc displacing 33 million people and incurred $30 billion damages whereas glacial melt and water crisis was growing as glaciers in Hindukush Himalaya region were melting at an alarming rates threatening Indus River system, the lifeline of the country's agriculture pushing the country towards severe water scarcity. Global South faced a dual injustice as first it bears disproportionate burden of climate impacts and then the structural barriers limit their ability to respond effectively, he underlined.

While presenting his nine pillars for Climate Justice, the Senior Puisne Judge delineated an elaborate framework for climate justice. He said the nine pillars hinged upon a strong focus on climate adaptation and loss and damage ensuring that vulnerable communities were not left to bear the burden for what they have not done.

He added that the nine pillars also include a robust and well informed and independent judiciary along with the climate finance readily available including innovative mechanisms like Islamic climate finance to support sustainable solutions, effective systems in place to access climate finance cutting through bureaucratic hurdles, finance nature approach, understanding and learning climate science to guide decision making and ensuring policies evidence-based and future proof, strengthening of climate diplomacy between countries of the global south, forging alliances to collectively demand fairer financial commitments and technological support.

Climate accountability mechanisms should be established to prevent mismanagement to ensure that every dollar that flows in serves the communities and ecosystems that needed the most and lastly, climate courts dispute settlement and global climate court were much needed, he said.

Ayaz Sadiq condemns terrorist attack on Police checkpost

Islamabad: Speaker of the National Assembly, Sardar Ayaz Sadiq, on Thursday strongly condemned the terrorist attack on a police checkpost in Khyber Pakhtunkhwa's Karak district.

Expressing deep sorrow over the loss of three police personnel in the incident, he extended heartfelt condolences to the bereaved families.

He also prayed for the speedy recovery of the injured officers and assured the martyrs' families of his full sympathy and support, emphasizing that he shares their grief.

Paying tribute to the Khyber Pakhtunkhwa Police, the Speaker acknowledged their unparalleled sacrifices in the fight against terrorism.

He reaffirmed the nation's commitment to honoring the bravery and dedication of law enforcement personnel who have laid down their lives for the country's security.

Climate crisis knows no borders: experts call for urgent action at Breath Pakistan Summit

Islamabad: Climate experts and policymakers on Thursday stressed the need for collective action, regional cooperation, and innovation to tackle the escalating climate crisis.

Speaking at a session titled "Commemorating the 100th Anniversary of Pakistan in 2047: A Vision for Climate Resilience and Climate Justice", they highlighted the urgency of addressing climate change through collaboration, innovation, and effective communication.

The session was part of Breath Pakistan, a two-day global climate conference aimed at making Pakistan climate-resilient by 2047 while fostering regional cooperation across South Asia. The region faces shared challenges, including rising temperatures, water scarcity, and increasing natural disasters.

Former Climate Change Minister Sherry Rehman warned against the resurgence of climate "denialism," stressing that climate change is a borderless crisis requiring immediate action.

'In Pakistan, and in many countries, climate denialism is coming back-shaping our responses and creating an epistemic arrogance that it won't happen to us,' she said. 'But who will take responsibility?'

Rehman identified three major challenges for Pakistan, including the tendency to view climate change as an external issue.

She pointed out the lack of global media coverage of Pakistan's environmental disasters, such as the 2022 monsoon floods and the wildfires in Balochistan that burned thousands of acres of pine cone forests.

She underscored the importance of media engagement in climate discourse, stating, 'If legacy media makes climate and environmental issues central to the conversation, we're halfway there.'

Rehman also cited Power Minister Awais Leghari's announcement that Pakistan's energy mix is now 55% renewable, calling it a 'big statement' while urging the media to hold leaders accountable by asking 'inconvenient questions.'

LUMS Vice Chancellor Ali Cheema presented alarming data on rising temperatures, warning that by 2050, Pakistan could experience an additional month of temperatures exceeding 37°C, posing severe risks to public health and agriculture.

Cheema highlighted how early industrializing nations grew without facing climate constraints, whereas today's developing countries must contend with a human-made global crisis.

He traced the historical evolution of climate change, linking industrialization to rising carbon dioxide emissions and global temperatures.

In her keynote address, Valerie Hickey, the World Bank's global director for climate change, emphasized the need for clearer climate communication.

'Why don't we just talk about the weather?' she asked, noting the gap in how climate challenges are discussed with experts versus farming communities. 'Too often, we say the same thing to both audiences, and neither understands. Communication is the original sin of the climate community.'

LUMS professor Ijaz Nabi also stressed the need to mainstream climate action and enhance the adaptive capacity of vulnerable nations.

Maryam Aurangzeb hails PML-N’s victory in ‘Sugar Mills Case’

Islamabad: Senior Provincial Minister Maryam Aurangzeb expressed her gratitude on Thursday, highlighting the opposition's failure to prove any corruption allegations against the PML-N, particularly in the high-profile Sugar Mills case which ended in a positive verdict for PML-N leaders Hamza and Shehbaz Sharif.

Maryam Aurangzeb, Senior Provincial Minister expressed these remarks on a private news channel just after the court's decision, which found no evidence of wrongdoing against Hamza and Shahbaz Sharif.

She attributed this positive result to Allah's blessings, implying that justice has been imparted.

Maryam Aurangzeb lambasted PTI, stating that the Sugar Mills case was a prime example of political revenge by Imran Khan Niazi, where baseless allegations were levelled against PML-N leaders with no substantial evidence to back them up.

Maryam Aurangzeb welcomed the positive outcome of the Sugar Mills case, adding, "I had complete faith that Allah will exonerate us in every pending case decision".