1pc of GDP lost to climate damage: Musadik
KARACHI: Pakistan is losing close to 1 per cent of its gross domestic product every year to climate-related damage from floods, heatwaves and infrastructure destruction, despite contributing less than 1 per cent to global emissions.
Speaking at the fourth Pakistan Climate Conference, organised by the Overseas Investors Chamber of Commerce and Industry (OICCI) on Monday, Climate Change Minister Musadik Malik stressed the need to fight climate challenges with the same intensity as the fight against terrorism.
The stress was underlined by stark statistics: the human toll has already surpassed that of past conflicts. Over the last four floods alone, 6,000 people have died, and 19,000 have been disabled or injured, while more than 40 million have been displaced.
Economically, Mr Malik added, Pakistan celebrates........
