Pakistan has taken another significant step toward tackling climate change, as the Asian Development Bank has approved $304.5 million in financing for two major climate-focused projects.
According to the Economic Affairs Division, the Sindh Coastal Resilience Sector Project, valued at $180.5 million, will benefit the coastal districts of Thatta, Sujawal, and Badin. For this initiative, ADB will extend a $140 million loan along with $0.5 million in technical assistance. The project aims to strengthen coastal protection, enhance community resilience, and reduce climate-related risks in vulnerable areas of Sindh.
The second initiative, the Punjab Climate Resilient and Agricultural Mechanisation Project, carries a total cost of $124 million and will be implemented across 30 districts of Punjab. Under this program, ADB will provide a $120 million loan and a $4 million grant, while the Punjab government will contribute $5 million.
This project focuses on boosting agricultural productivity by improving small farmers’ access to climate-smart machinery, while also reducing environmental risks and emissions. ADB officials said both projects are expected to play a key role in safeguarding coastal communities, modernising agriculture, and supporting Pakistan’s broader climate adaptation and mitigation goals.
