ISLAMABAD: The federal government has adopted the climate budget as a governance system to add climate considerations into policy decision-making, Finance Minister Muhammad Aurangzeb said on Wednesday.
During the budget speech, he revealed the federal government had allocated 7.7 per cent of the Running of Civil Government (ROCG) and 15.3pc of Public Sector Development Programme (PSDP) funds for climate-sensitive areas to tackle climate change in the next financial year, 2024-25.
The finance minister explained that in FY25, ROCG and PSDP were substantially bigger. In the medium term, the government plans to ensure that the........