Close Menu
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
What's Hot

Standard Chartered’s Q3 profit rises, beats estimates with trade loans, wealth management

October 30, 2025

Doubts surface over Trump’s South Korea nuclear submarine plan: ‘what’s the catch?’

October 30, 2025

Harvard HIV scientist Xie Zhenfei joins China’s national virus lab in Wuhan

October 30, 2025
Facebook X (Twitter) Instagram
Thursday, October 30
Facebook X (Twitter) Instagram
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
World Economist – Global Markets, Finance & Economic Insights
Home » Pakistan’s glacier-fed rivers to benefit from $250mn GCF funding – Business & Finance
Economist Intelligence

Pakistan’s glacier-fed rivers to benefit from $250mn GCF funding – Business & Finance

adminBy adminOctober 29, 2025No Comments3 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Share
Facebook Twitter Pinterest Email Copy Link
Post Views: 7


The Green Climate Fund (GCF), the world’s largest climate fund, has approved $250 million for Glaciers to Farms—a flagship adaptation programme led by the Asian Development Bank (ADB) to build resilient water and agriculture systems for vulnerable communities in glacier-dependent regions of Central Asia, the South Caucasus, and Pakistan.

According to a statement released on Wednesday, the funding will be provided mostly as grants and invested alongside $3.25 billion from ADB over the next decade in a series of projects identified by the countries covered by the programme.

ADB revises Pakistan’s FY2025 growth to 2.7% amid uptick in industry & services

“Rapid glacial retreat is one of the most complex development challenges faced by our region,” said ADB Director for Agriculture, Food, Nature, and Rural Development Yasmin Siddiqi.

“We need practical, scalable, and science-based solutions to help communities adapt. With catalytic support from GCF, Glaciers to Farms will help move the region beyond fragmented projects and towards systemic, long-term resilience that protects lives and livelihoods now and for future generations.”

Glaciers to Farms covers nine ADB developing member countries: Armenia, Azerbaijan, Georgia, Kazakhstan, the Kyrgyz Republic, Pakistan, Tajikistan, Turkmenistan, and Uzbekistan, which all rely on glacier and snow-fed rivers for agriculture, domestic water, and electricity generation.

The Manila-based lender noted that accelerated glacial melt threatens these ecosystem services and livelihoods, presenting a serious challenge in these countries where about one in four jobs are in agriculture.

The programme will focus on four glacier-fed river basins—the Naryn and Pyanj in Central Asia, the Kura in the South Caucasus, and the Swat in Pakistan—covering roughly 27 million hectares.

About 13 million people, including farmers and vulnerable populations in fragile mountain regions, will benefit directly from the programme.

The programme support climate and glacier assessments that will inform national development plans and investment pipelines. “It will also strengthen monitoring and early warning systems to help communities manage the impacts of hazards such as glacial lake outburst floods and prolonged droughts,” read the statement.

ADB finances $500mn for women’s financial inclusion, economic empowerment in Pakistan

In addition to agricultural systems, Glaciers to Farms will also support adaptive social protection schemes and health services for vulnerable communities affected by water shortages and extreme heat stress. The programme will also strengthen local banks’ capacity to support agricultural businesses, especially those led by women.

“The Glaciers to Farms programme is the kind of large-scale, innovative, and collaborative effort that will help countries in Central and West Asia strengthen adaptation planning and cooperation to manage climate impacts on glacier-fed water systems,” said GCF Director of Eastern Europe, Central Asia and the Middle East Region Department Thomas Eriksson.

“This programme sets a transformative benchmark by improving data, coordination, and financing readiness for long-term resilience in the region’s water and food systems,” he added.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
admin
  • Website

Related Posts

Economist Intelligence

Ongoing exit process in Pakistan: Telenor Group reports first approval from CCP – Business & Finance

October 30, 2025
Economist Intelligence

Energy diversification planned: FFC outlines progress on Shariah compliance – Business & Finance

October 30, 2025
Economist Intelligence

GCF approves USD250m for ‘Glaciers to Farms’ – Business & Finance

October 30, 2025
Economist Intelligence

IRIS portal: KTBA asks FBR to rectify critical technical flaw – Business & Finance

October 30, 2025
Economist Intelligence

Financial literacy & inclusion: SBP BSC and TWF join hands – Business & Finance

October 30, 2025
Economist Intelligence

Fed lowers rates, nods to limits of data during shutdown; two policymakers dissent – Markets

October 29, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Ongoing exit process in Pakistan: Telenor Group reports first approval from CCP – Business & Finance

October 30, 2025

Energy diversification planned: FFC outlines progress on Shariah compliance – Business & Finance

October 30, 2025

GCF approves USD250m for ‘Glaciers to Farms’ – Business & Finance

October 30, 2025

IRIS portal: KTBA asks FBR to rectify critical technical flaw – Business & Finance

October 30, 2025
Latest Posts

PSX hits all-time high as proposed ‘neutral-to-positive’ budget well-received by investors – Business

June 11, 2025

Sindh govt to allocate funds for EV taxis, scooters in provincial budget: minister – Pakistan

June 11, 2025

US, China reach deal to ease export curbs, keep tariff truce alive – World

June 11, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Recent Posts

  • Standard Chartered’s Q3 profit rises, beats estimates with trade loans, wealth management
  • Doubts surface over Trump’s South Korea nuclear submarine plan: ‘what’s the catch?’
  • Harvard HIV scientist Xie Zhenfei joins China’s national virus lab in Wuhan
  • Hong Kong stocks climb to 3-week high on Xi-Trump deal hopes, Fed easing
  • Hong Kong stocks climb to 3-week high on Xi-Trump deal hopes, Fed easing

Recent Comments

No comments to show.

Welcome to World-Economist.com, your trusted source for in-depth analysis, expert insights, and the latest news on global finance and economics. Our mission is to provide readers with accurate, data-driven reports that shape the understanding of economic trends worldwide.

Latest Posts

Standard Chartered’s Q3 profit rises, beats estimates with trade loans, wealth management

October 30, 2025

Doubts surface over Trump’s South Korea nuclear submarine plan: ‘what’s the catch?’

October 30, 2025

Harvard HIV scientist Xie Zhenfei joins China’s national virus lab in Wuhan

October 30, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Archives

  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • June 2024
  • October 2022
  • March 2022
  • July 2021
  • February 2021
  • January 2021
  • November 2019
  • April 2011
  • January 2011
  • December 2007
  • July 2007

Categories

  • AI & Tech
  • Asia
  • Banking
  • Business
  • Business
  • China
  • Climate
  • Computing
  • Economist Impact
  • Economist Intelligence
  • Economy
  • Editor's Choice
  • Europe
  • Europe
  • Featured
  • Featured Business
  • Featured Climate
  • Featured Health
  • Featured Science & Tech
  • Featured Travel
  • Finance & Economics
  • Health
  • Highlights
  • Markets
  • Middle East
  • Middle East & Africa
  • Middle East News
  • Most Viewed News
  • News Highlights
  • Other News
  • Politics
  • Russia
  • Science
  • Science & Tech
  • Social
  • Space Science
  • Sports
  • Sports Roundup
  • Tech
  • This week
  • Top Featured
  • Travel
  • Trending Posts
  • Ukraine Conflict
  • Uncategorized
  • US Politics
  • USA
  • World
  • World & Politics
  • World Economy
  • World News
© 2025 world-economist. Designed by world-economist.
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.