Pakistan’s first Green Eurobond has been formally launched by the Prime Minister Imran Khan at a ceremony in Islamabad on Monday.
While addressing the launching ceremony, the Premier has said that the incumbent government has planned to construct ten dams in ten years to meet water needs and produce clean energy. He said that Diamer-Bhasha and Mohmand dams will produce 10,000 megawatts of clean and environment- friendly electricity in Pakistan.
Imran Khan has said that Pakistan is one of the most affected countries by climate change and global warming in the world and the incumbent government is effectively working on tree plantation drive under ten billion tree tsunami program to address this challenge. He said this program will considerably improve living standards of people besides promoting tourism and reducing pollution.
“Plantation target of one billion trees has been successfully achieved,” he said.
The Prime Minister further stated that 15 special national parks are being established to protect and preserve the natural environment. He said the government is working on a long-term planning to save the next generations as such policies are imperative for development of Pakistan.
It is to be mentioned here that the Green Eurobond, called Indus Bond, has been issued by Water and Power Development Authority to raise 500 million dollars for financing of Diamer Bhasha and Mohmand dams.
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