Pakistan's finance minister demands faster climate funding at COP30, citing existential threats from floods and heatwaves.

Pakistan’s Finance Minister Muhammad Aurangzeb urged faster, more accessible global climate finance at COP30, calling climate change an existential threat to his nation’s economy. Despite progress on domestic climate strategies and green finance tools like green sukuk and plans for a Panda bond, he criticized the Green Climate Fund for bureaucracy and the Loss and Damage Fund for slow disbursements. Pakistan, highly vulnerable to floods and heatwaves, faces adaptation costs exceeding its resources and seeks expanded international support and technical assistance to scale climate resilience efforts.