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Environmental care: Part – I

Those who have been to Karachi must have seen its sea and coastline. Kemari Jetty is a popular place for first-timers who want to have some fun at sea. There…

Global economic challenges and prospects for 2023

A few days before the release of World Bank’s flagship ‘Global Economic Prospects’ (GEP) January 2023 report recently, the managing director (MD) of International Monetary Fund (IMF) pointed towards a…

Environmental sustainability under EU’s GSP+ — II

Pakistan has ratified all conventions related to climate change and ozone depleting substances (ODSs). The global GHG emissions data indicates that Pakistan contributes to around 1% to these emissions (UNEP…

‘Environmentally sustainable’ bonds

Pakistan faces a significant challenge to finance its large trade deficits and external debt repayments. This is reflected in the sharp drawdown of the SBP (State Bank of Pakistan) foreign…

Environmental movement

Stockholm+50 is taking place 50 years after the original Stockholm Conference on the Human Environment, which many consider the starting point of the modern environmental movement. The original conference wasn’t…

Bailing out the environment

Pakistan’s economic team is negotiating with the IMF for a bailout package. One of the conditions is to remove all fossil fuel subsidies which cost Pakistan almost $12 million per…

Global energy security

Not since World War II has the threat to global energy security been as severe as it is today. Russia’s brutal invasion of Ukraine and the consequent geo-economic war between…