Pakistan China Discuss Green Finance and Climate Cooperation

ISLAMABAD: (Web Desk) – Federal Minister for Climate Change and Environmental Coordination Dr. Musadik Malik held an important meeting in Islamabad with Mr. Ma Jun, President of the Institute of Finance and Sustainability, China, to explore opportunities for strengthening green finance and climate cooperation.

During the discussion, Mr. Ma Jun presented insights into China’s Green Accelerator Program, launched in 2016 with 35 integrated policy recommendations. He noted that China has since developed one of the world’s largest green financing systems, estimated at around USD 7 trillion, alongside global leadership in renewable energy manufacturing.

He highlighted that China now produces nearly 70 percent of the world’s wind and solar equipment and about 60 percent of electric vehicles, underscoring its dominant role in the global clean energy transition.

The program focuses on creating bankable green projects by combining technology, finance, carbon markets, and innovative project design, enabling scalable and commercially sustainable climate solutions.

Both sides also exchanged views on real-world applications of green technologies in different countries, including biochar production from jute waste in Bangladesh, precision irrigation systems in China and Uzbekistan, and sustainable desert agriculture projects in Abu Dhabi. The discussions emphasized adapting climate solutions to local conditions while ensuring financial sustainability.

Dr. Musadik Malik also briefed the delegation on Pakistan’s upcoming initiative, “Green Fields,” which aims to connect young green entrepreneurs with local and international investors to promote climate-focused innovation.

He appreciated China’s leadership in green finance and clean energy technology and stressed the importance of global partnerships in accelerating climate action. The minister reaffirmed Pakistan’s commitment to adopting practical, scalable, and locally adapted solutions for building a sustainable green economy.