Bangkok:Finance Minister Muhammad Aurangzeb has reaffirmed Pakistan's support for the V20's climate finance agenda during the 17th V20 Ministerial Dialogue on the sidelines of the World Bank Group-IMF Annual Meetings 2026 in Bangkok, Thailand.
According to Radio Pakistan, Aurangzeb appreciated the V20's assistance in developing Pakistan's Climate Prosperity Plan and in identifying bankable projects aimed at attracting climate finance. He emphasized the significance of fiscal responsibility and the necessity to bolster both domestic and external defenses against climate challenges and geopolitical disruptions.
He pointed out the potential for mobilizing green investment, highlighting Pakistan's inaugural green Panda bond as a key example. Additionally, Aurangzeb welcomed a proposed fund initiative and highlighted the need for collective ownership, accountability, and effective implementation.
Aurangzeb also cautioned against the risk of initiatives remaining unimplemented, using the Loss and Damage Fund as an example.