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Shehbaz Sharif in Antalya: Pakistan needs $138 billion for low-carbon power
Pakistani Prime Minister Shehbaz Sharif said on the sidelines of the COP31 Leaders’ Summit that his country had added around 22 gigawatts of rooftop solar power in two years, calling for greater financing to continue the transition to clean energy.
Pakistani Prime Minister Shehbaz Sharif called on Wednesday, November 11, for increased international financing to support his country’s transition to clean energy, highlighting Pakistan’s achievements in solar and nuclear power.
Speaking at a high-level meeting titled "Transitioning to clean energy by 2035: Powering the future," held on the sidelines of the United Nations Climate Change Conference (COP31) in Türkiye’s Antalya, Sharif said: "In just two years, Pakistan added around 22 gigawatts of rooftop solar capacity. We are also expanding nuclear power, while clean energy sources now account for around 55% of our energy mix," Anadolu Agency reported.
30% of new vehicles to be electric by 2030
The Pakistani prime minister said that under the country’s new automotive policy, 30% of new vehicles are to be electric by 2030. He stressed that continuing the transition would require greater financing, noting that Pakistan needs around $138 billion by 2035 to generate low-carbon electricity, as well as an additional $50 billion to replace coal with solar power.
Sharif concluded his speech by saying: "Let us resolve to power our economies without impoverishing our people and light our homes without darkening our planet."
Meetings on the sidelines of the summit
On the sidelines of the summit, Sharif met with several leaders, including Iranian President Masoud Pezeshkian and Kuwaiti Prime Minister Sheikh Ahmad Abdullah Al-Ahmad Al-Sabah, as he announced on his official account. He also met Maldivian President Mohamed Muizzu, according to the Maldivian presidency. Türkiye is hosting COP31 in Antalya through November 20, while the Leaders’ Summit is being held on November 11 and 12.
Photos: Anadolu Agency, Maldivian presidency. Sources: Anadolu Agency, Maldivian presidency.
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