To reduce the carbon footprints, Pakistan will launch the first Green-Tech Hub (G-TH), very soon, announced Coordinator to Prime Minister on Climate Change (MoCC&EC), Romina Khurshid Alam while addressing a webinar on 'Creation of G-TH' as a chief guest on Monday, organised by the Paklaunch.com in collaboration with MoCC&EC. Ms Alam said, “To reduce the carbon footprints G-TH will facilitate in transforming Pakistan’s energy landscape by fostering green technologies, renewable energy solutions and eco-friendly innovations. G-TH will serve as an incubator for green start-ups, a research center for advanced technologies, and a collaboration space for innovators and entrepreneurs”.

She said that Pakistan is committed to combat the climate change, and the G-TH is a significant step forward in this concern. G-TH, is a combined effort of the Government of Pakistan in collaboration with private sector stakeholders, academic institutions, and international green technology leaders, aims to position the country as a regional leader. Romina Khurshid said, “MoCC&EC will also showcase highly innovative and impactful projects at the Pakistan Pavilion during the two-week UN-led global climate summit (COP29), scheduled to begin from Nov. 11, 2024 in Baku, Azerbaijan and over 192 countries will participate in it”.

She said that by showcasing the initiatives at the upcoming UN-led global climate conference aims to attract potential global and local investors to finance the projects to help Pakistan achieve its environmental sustainability and climate resilience goals. The first enhanced transparency framework to establish a new collective quantified goal on climate finance will also be thrown during this year’s conference.

Ms. Alam shared, “The GTH would act as a strategic connector in linking Pakistani innovators with global investors to leverage climate finance and attract international, local investments for climate resilience projects”. Secretary MoCC&EC, Aisha Humera Ch. Said, “To reduce carbon foot prints largely, Pakistan is direly in need of transfer of technology and technical assistance. To project Pakistan’s potential in harnessing the green-tech carbon credit policy framework, G-TH is ready to unroll”.

She said that there is need to investment and launch joint green energy and green technology-related ventures on public-private partnership basis in the country. Efforts will be made to make G-TH works closely with local industries, universities, and international environmental organizations that will also foster partnerships with all related stakeholders.

Humera Ch. Said, “By bringing together the key players from academia, industry, and government, G-TH will [lay a vital role. A good number of companies already working in the country in the electric vehicle (EV) sector, solar solutions, artificial Intelligence, smart metering, early warning systems, etc. Their active working reflects Pakistan’s commitment towards green initiatives in the country”. She said that G-TH would be a world-class innovation center as the facility would be equipped with research labs, testing centers, co-working spaces, and conference rooms to facilitate collaboration and innovation.

Credit: Independent News Pakistan (INP)