Prime Minister Shehbaz Sharif emphasized the need to establish an independent Palestinian state, with Jerusalem as its capital, at its address at the World Meeting in the World Governors in Dubai on Tuesday.
He said this is important in accordance with the United Nations decisions and added that sustainable peace in the region can only be achieved through a two-state solution.
In his speech, Prime Minister Shehbaz highlighted the devastating loss of life in Gaza, where over 50,000 Palestinians have been martyrated in the middle of what he described as a genocide.
Climate Fansification and Technical Support
PM Shehbaz also called for improved global cooperation in climate financing and technology division, emphasizing the need for governments to take collective actions to tackle climate change. He urged private investors to explore opportunities in Pakistan’s pure energy and infrastructure sectors.
PM highlighted the importance of multilateral institutions that support new economies such as Pakistan in order to achieve sustainable development.
He said Pakistan is obliged to mobilize domestic resources and implement political reforms, PM Shehbaz emphasized that international partnerships and financial support are important for the country’s green transition. He noted that Pakistan’s energy transition only requires an estimated investment of $ 100 billion.
He confirmed Pakistan’s obligation to achieve a 60% pure energy mixture by 2030 and surrendered 30% of all vehicles to electric mobility. He emphasized that the country is rapidly expanding its renewable energy sources, including solar, wind, hydropower and atomic energy.
In particular, Pakistan’s southern regions have 50,000 megawatts unused wind energy potential, while hydropower projects in the northern regions will add 13,000 megawatts pure energy capacity.
Investment Nav
In addition to environmental measures, PM Pakistan’s growing potential highlighted as an investment hub. He noted that the country offers one of Asia’s most dynamic investment landscapes with 70% of its population under 30, a young and technically-capable workforce.
Pakistan’s strategic location bridges South and Central Asia and offers promising opportunities for investors, especially as the new middle class is burning economic growth.
