Pakistan has secured over $10.5 billion in pledges from international creditors at the one-day International Conference on Climate Resilient Pakistan in Geneva, which will help the cash-strapped country recover from last year’s devastating floods.

By the end of the first plenary session, Pakistan had received pledges totaling $8.57 billion, and in the second session, it had secured more than $2 billion.

UN Secretary-General Antonio Guterres urged the international community to help Pakistan build climate-resilient infrastructure and to grant access to the knowledge and resources needed to survive future catastrophes.

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The delegations recalled their support for the emergency relief operations during the conference and reaffirmed their commitment to Pakistan’s people in support of a strong recovery, rehabilitation, and reconstruction.

All donations pledged at the Geneva conference

  • Islamic Development Bank: $4.2 billion
  • World Bank: $2 billion
  • Asian Development Bank: $1.5 billion
  • Asian Infrastructure Investment Bank: $1 billion
  • Saudi Arabia: $1 billion
  • France: $384 million
  • China: $100 million
  • United States: $100 million
  • EU: $93 million
  • Germany: $88 million
  • Japan: $77 million
  • United Kingdom: $10 million
  • Azerbaijan: $2 million

The attendees voiced their solidarity and pledged financial support for the ongoing humanitarian activities as well as the achievement of the goals and key areas. The meeting was co-hosted by Pakistan and the UN.

The World Bank has pledged $2 billion, the Asian Infrastructure Investment Bank has pledged $1 billion, and the Islamic Development Bank Group has pledged $4.2 billion over three years.

Furthermore, Asian Development Bank has pledged $1.5 billion, while the European Union has offered $93 million, Germany has pledged $88 million, China has pledged $100 million, Japan has pledged $77 million, and so on. The French government has committed $345 million, and the United States Agency for International Development has offered $100 million.

Saudi Arabia has also committed $1 billion to assist Pakistan in reconstruction efforts.