ISLAMABAD: Pakis­tan has a significant opportunity to convert its debt into climate investments through a new “Debt Swap Hub” launching in 2026, provided the country prepares by building institutional capacity and identifying high-impact projects, United Nations Department of Economic Affairs (DESA) senior official said on Saturday.

The United Nations and its partners will roll out the dedicated hub for climate investments, creating a pathway for debt-distressed nations to foster sustainable development.

“An early engagement by Pakistan will allow the co­­u­ntry to be among the first to get access to this mechanism for converting debt into investment in climate resilience, education or healthcare,” UN Assistant Secretary-Gen­eral for Economic Development Navid Hanif told Dawn.

Mr Hanif, who just completed a visit to Pakistan, said the recent........

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