Pakistan asks for 7.64 billion euros for reconstruction at donor conference

Floods last summer in Pakistan killed some 1,700 people and displaced eight million people. At the donor conference held this Monday in Geneva under the auspices of the United Nations, the European Commission together with countries such as France and Turkey have already promised their help.

Long-term resilient rebuilding

The UN Secretary General calls for a long-term contribution.

“Excellencies, we must unite the heroic response of the people of Pakistan with our own efforts and massive investment to strengthen their communities for the future,” said António Guterres. “Rebuilding Pakistan resiliently will cost more than $16 billion, and much more will be needed in the long term.”

Pakistani Prime Minister Shehbaz Sharif has asked the international community for 7.64 billion euros. The European Commission has announced a contribution of 500 million.

Millions for climate adaptation

“We have decided to mobilize 360 ​​million euros for projects in Pakistan,” said French President Emmanuel Macron, “which will be launched to respond to the challenges of resilient reconstruction and therefore, for climate adaptation.”

In this “Conference for climate resilience in Pakistan”, Guterres has denounced that this nation is a victim of climate chaos and “a morally bankrupt global financial system”. He has insisted that developed countries must fulfill their commitment to give one hundred billion dollars to projects for adaptation to climate change, especially those in the developing world that suffer its consequences.

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