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Sharif Calls for More Financing for Pakistan’s Clean Energy Transition

Sharif said Pakistan needs about $138 billion by 2035 for low-carbon power generation and another $50 billion to replace coal with solar.

Updated 1 min read
Shehbaz Sharif (AI 일러스트) / TokenPost.ai
Shehbaz Sharif (AI 일러스트) / TokenPost.ai

Pakistani Prime Minister Shehbaz Sharif called for more financing to sustain Pakistan’s clean-energy transition at COP31, citing separate needs for low-carbon power and replacing coal with solar, Anadolu Agency reported.

Sharif spoke at a high-level meeting on the sidelines of COP31, the U.N. climate summit in Antalya, Türkiye. He put Pakistan’s financing need for low-carbon power generation at about $138 billion by 2035. Replacing coal with solar would require another $50 billion, he said.

He put rooftop solar additions at nearly 22 GW over two years, and said clean sources supply nearly 55% of the energy mix as nuclear power expands.

The country’s new Auto Policy aims for electric vehicles to make up 30% of new vehicles by 2030, Sharif said. He urged leaders to “power our economies without impoverishing our people.”

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