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Over $9 bn raised for Pakistan flood recovery

Pakistan received over $9 billion in pledges Monday to help it recover from last year's catastrophic floods.

Nina Larson (AFP)
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Geneva, Switzerland
Tue, January 10, 2023

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Over $9 bn raised for Pakistan flood recovery Local residents gather to purchase government-priced wheat flour at Hyderabad in Sindh province on January 9, 2023. (AFP/Husnain Ali)

P

akistan received over $9 billion in pledges Monday to help it recover from last year's catastrophic floods, vowing to become a model for how countries can build climate change resilience.

Pakistan is still reeling from the unprecedented deluge that submerged huge swathes and killed more than 1,700 people, while over 33 million others suffered its impacts.

"We are perhaps the first country ever that has seen a third of its landmass underwater," Pakistan Foreign Minister Bilawal Bhutto Zardari told AFP at the end of an international conference in Geneva seeking support for his country's resilient flood recovery.

"Unfortunately, we won't be the last."

He voiced hope that the "resounding success" of the conference, which garnered more pledges than hoped for, could "provide a template going forward for future countries who find themselves in distress."

Pakistan, with the world's fifth-largest population, generates less than one percent of global greenhouse gas emissions but is one of the nations most vulnerable to extreme weather caused by global warming.

UN chief Antonio Guterres called for "massive investments" to help Pakistan recover from a "monsoon on steroids".

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