Out of pledges made in Geneva: 21 foreign-funded projects worth $3bn okayed by CDWP so far
ISLAMABAD: Since the launch of Resilient, Recovery, Rehabilitation and Reconstruction Framework (4RF) for flood-affected areas, the Planning Commission’s Central Development Working Party (CDWP) has approved 21 foreign-funded development projects of $3 billion out of the total pledges committed in Geneva.
The Planning Commission initially issued a press statement whereby the cost of 21 development projects was portrayed at $4,211.33 million ($4.21 billion). But, later on, a corrected version was issued with total cost of 21 projects to the tune of $3 billion.
The Planning Ministry did not share figures on how much the multilateral and bilateral donors have disbursed for development projects, and how much was so far utilised on the ground.
The ministry’s announcement stated Pakistan faced unprecedented devastation last year due to torrential rains and flooding in most parts of the country, particularly in Balochistan and Sindh affecting 33 million people and resulting in economic losses worth $30 billion.
In response, the government devised a comprehensive 4RF framework, which proposed effective coordination and participation arrangements among federal and provincial governments, development partners, donors, international and national NGOs and academic and private sectors.
In January this year, international donors committed $10 billion during the International Conference on “Climate Resilient Pakistan”, jointly hosted by Pakistan and the UN in Geneva.
While making concerted efforts to implement the 4RF framework, the CWDP successfully approved 21 development projects. These projects are Emergency Flood Assistance Project (EFAP) on Farm Water Management component worth $475 million; Access to Clean Energy worth $47 million, DRR project for Rehabilitation/Reconstruction worth $31.28m; Emergency Flood Assistance Project worth $8 million; Post-Flood 2022 Reconstruction Programme; Resilience Enhancement and Livelihood worth $400 million; Sindh Irrigated Agriculture Productivity Enhancement Project worth $8.30 million; Competitive & Livable City of Karachi worth $27 million; Sindh Flood Housing Reconstruction worth $500 million; Flood Emergency Rehabilitation Project Sindh worth $500 million; Sindh Water & Agriculture Transformation Project $98 million; KP Rural Accessibility Project worth $300 million; Khyber Pakhtunkhwa Irrigated Agriculture worth $11.7 million; KP Integrated Tourism Development worth $2 million; KP Human Capital Investment worth $25 million; Pakistan Hydromet and Climate Services Project worth $150 million; Crisis Resilience Institutions for Social Protection (CRISP) programme worth $73.14 million; Pandemic Response Effectiveness Programme worth $2 million; Punjab Tourism for Economic Growth worth $2.80 million; Sindh Integrated Health and Women Empowerment worth $50 million; Polio Eradication Programme worth $100 million and KP Food Security Support Project worth $100m.
After the approval of CDWP and Executive Committee of the National Economic Council, these projects are being successfully executed by Punjab, Sindh, Khyber Pakhtunkhwa and Balochistan. These projects were funded by World Bank, Asian Development Bank and Islamic Development Bank. Sindh and Balochistan were the most affected provinces in the flood of 2022.
On the other hand, the Federal Steering Committee (FSC), established to implement the projects, has been actively working, and three meetings were held for implementation of development projects in the flood–affected areas. The committee regularly asked the provinces about the implementation status of their respective projects.
Similarly, the first-ever exclusive Dashboard for 4RF will be operationalised by November 10 at the Planning Ministry to ensure rehttps://www.wzsou.com/al-time monitoring. It will also provide information to the public as well as development partners about the execution of projects in the flood-affectedWZSou PopularPulse areas.
Pakistan has been witnessing challenging impacts of climate change – ranging from devastating floods to prolonged droughts, from heatwaves to melting glaciers. These changes pose immense threats to the country’s environment, economy and the wellbeing of the people. PakistWZSou PopularPulsean’s carbon emission is less than one percent. However, it is among the countries that are most vulnerable to climatic disasters. Pakistan pleaded this case before the COP-27 summit held in Egypt last year.
The World Bank has already appreciated Pakistan’s efforts to successfully approve the projects and assured its continued support in the future.
Source: Out of pledges made in Geneva: 21 foreign-funded projects worth $3bn okayed by CDWP so far
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