Advertisement
Categories: NewsPakistan

OICCI Statement on the Recent Loss of Lives Due to Flooding and Extreme Weather Events in Pakistan

Advertisement

The Overseas Investors Chamber of Commerce and Industry (OICCI) is deeply saddened by the tragic loss of lives and widespread devastation caused by recent flash floods and torrential rains in various parts of Pakistan. Our thoughts and prayers are with the victims, their families, and the many communities facing hardship as a result of these catastrophic events.

These recurring climate-related disasters are no longer isolated incidents, they are a reflection of a troubling new normal. Pakistan stands among the most climate-vulnerable countries in the world, bearing the brunt of environmental crises it played little role in creating. The impact is not only humanitarian but also economic, exacerbating the challenges of an already constrained national economy.

As highlighted at the OICCI’s 3rd Pakistan Climate Conference held earlier in 2025, and echoed by the World Bank, Pakistan requires an estimated $348 billion in climate investment by 2030 to effectively adapt to and mitigate the impacts of climate change. Meeting this target is beyond the capacity of a single country alone. It demands a concerted, collaborative response.

OICCI urges the Government of Pakistan, international development partners, and global climate institutions to come together in addressing this growing existential threat. Climate change is not confined by borders, and neither should the response be. Pakistan cannot shoulder this burden alone. What is needed is a proactive, well-coordinated, and adequately resourced approach that combines policy reform, infrastructure investment, and community resilience. This collective effort must aim not only to respond to immediate disasters, but to establish long-term systems that can predict, prevent, and withstand future climate shocks.

As the leading voice of foreign investors in Pakistan, OICCI reaffirms its commitment to actively supporting initiatives that promote environmental sustainability, climate-smart infrastructure, and adaptive capacity in both urban and rural areas. We believe that climate resilience must be integrated into the core of Pakistan’s development strategy.

Advertisement
News Desk

Recent Posts

Mobilink Bank Powers Girls’ Digital Education by Solarizing Zindagi Trust’s Digital Arts Lab in Karachi

Mobilink Bank Powers Girls’ Digital Education by Solarizing Zindagi Trust’s Digital Arts Lab in Karachi…

1 hour ago

Supernet Rebrands as SupernetGlobal to Expand into High-Growth Digital Markets in Middle East and Africa

Supernet, one of Pakistan’s longest-established ICT and connectivity providers, has announced its rebrand to SupernetGlobal,…

2 hours ago

Dr. Syed Amir Ali takes charge as President & CEO, Meezan Bank

Meezan Bank has appointed Dr. Syed Amir Ali as its new President and Chief Executive…

2 hours ago

Lucky Investments Launches Shariah-Compliant Energy Fund as Pakistan’s Energy Sector Gains Momentum

Lucky Investments Launches Shariah-Compliant Energy Fund as Pakistan's Energy Sector Gains Momentum Karachi, January 1:…

8 hours ago

VEON Group Invests USD 20 Million in Mobilink Bank to Accelerate Digital Islamic Banking Expansion

VEON Group Invests USD 20 Million in Mobilink Bank to Accelerate Digital Islamic Banking Expansion…

9 hours ago

**India to Hold Major Air Force Drills Near Pakistan Border**

India has announced large-scale air force exercises near its border with Pakistan, scheduled to be…

2 days ago