{"id":513163,"date":"2025-11-08T05:26:45","date_gmt":"2025-11-08T00:26:45","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=513163"},"modified":"2025-11-08T05:26:33","modified_gmt":"2025-11-08T00:26:33","slug":"need-for-aligning-sustainable-investments-stressed-at-sustainability-plenary","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/need-for-aligning-sustainable-investments-stressed-at-sustainability-plenary\/","title":{"rendered":"Need for aligning sustainable investments stressed at sustainability plenary"},"content":{"rendered":"<p><strong>United Nations Development Program, The World Bank Group, Nestl\u00e9 Pakistan, International Monetary Fund and Sustainability Development Policy Institute underscore need for inclusive growth in Pakistan<\/strong><\/p>\n<p>ISLAMABAD: Aligning investments with climate resilience, inclusive growth and financing sustainable development were underscored at the high-level plenary participated by United Nations Development Program, Nestl\u00e9 Pakistan, The World Bank Group and International Monetary Fund at the 28th Sustainable Development Conference by Sustainable Development Policy Institute.<\/p>\n<p>Talking on the occasion, Jason Avance\u00f1a, Chief Executive Officer, Nestl\u00e9 Pakistan said, \u201cFinancing sustainable development demands innovative mechanisms that blend public, private, and multilateral resources together. The challenge lies in ensuring equitable access to capital while aligning investments with climate resilience and inclusive growth,\u201d he said, while acknowledging Nestl\u00e9\u2019s recognition at the conference\u2019s sustainability awards for championing the cause of renewable energy and low carbon transitions, in line with UN SDGs 13 and 15.<\/p>\n<p>\u201cNestl\u00e9 is leading the sustainability agenda and finding solutions for climate change and a more sustainable future, through our investments in renewable energy, circularity for a waste free future, and regenerative agriculture to help protect, renew, and restore the environment,\u201d said Jason Avance\u00f1a, CEO Nestl\u00e9 Pakistan, adding that Nestl\u00e9 is committed to reduce its emissions and reach Net Zero by 2050.<\/p>\n<p>Highlighting UNDP\u2019s perspective, Dr Samuel Rizk, Resident Representative UNDP said \u201cChances of collective action are greater when all stakeholders play their part \u2013 with the government as the primary driver. Pakistan requires an estimated USD 50\u201360 billion by 2030 to achieve the Sustainable Development Goals, and innovative financing must be co-designed, pre-arranged, risk-managed, and blended to effectively mobilize these resources.\u201d<\/p>\n<p>Talking on the occasion, Dr Mahir Binici, Resident Representative of International Monetary Fund, said, \u201cThe IMF truly recognizes the environment related shocks as macro-critical challenges that directly affect economic activity and growth. This recognition by our institution has paved the way for climate related reforms that have been supported by the IMF Resilience Sustainability Facility which is meant to enhance resilience to climate shocks and Pakistan will be integrating climate resilience in major projects.\u201d<\/p>\n<p>Talking about resilience to macroeconomic shocks, Bolormaa Amgaabazar, Country Director, The World Bank Group said that the ten-year Country Partnership Framework that WB has planned has heavy emphasis on human development. \u201cThe main thrust of our engagement is actually on human development areas such as stunting that has lifelong repercussions, it needs intervention from different sectors such as clean drinking water, hygiene, behavioral change, nutrition, food availability \u2013 so this is one of the three pillars of our focus for us under CPF.\u201d<\/p>\n<p>High-level plenary moderated by Dr Abid Suleri, Executive Director SDPI, also highlighted how collective action with public and private stakeholders can accelerate efforts towards mitigating impact of climate change, ensuring that food systems continue to nourish people for generations to come.<\/p>\n<p>Nestl\u00e9 Pakistan won multiple recognitions at the 28th Sustainable Development Conference &#038; Sustainability Investment Expo, including the Best Stall Award that showcased its sustainability initiatives, as well as one for championing the cause of renewable energy and low carbon transitions.<\/p>\n<p>Nestl\u00e9\u2019s investments in Pakistan reflects the deep confidence in the country\u2019s potential. The company is committed to be a force for good throughout its value chain for the future of the country, by boosting investment in renewable energy, regenerative agriculture and sustainability initiatives in line with United Nations Sustainable Development Goals.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>United Nations Development Program, The World Bank Group, Nestl\u00e9 Pakistan, International Monetary Fund and Sustainability Development Policy Institute underscore need for inclusive growth in Pakistan ISLAMABAD: Aligning investments with climate resilience, inclusive growth and financing sustainable development were underscored at the high-level plenary participated by United Nations Development Program, Nestl\u00e9 Pakistan, The World Bank Group [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":513181,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":{"0":"post-513163","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-national"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Need for aligning sustainable investments stressed at sustainability plenary<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/need-for-aligning-sustainable-investments-stressed-at-sustainability-plenary\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta 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