On behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ), the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH is supporting the Pakistan government to improve the conditions for climate adaptation and resilience as well as climate risk management with a specific focus on vulnerable population, especially women. The project “Strengthening Climate Adaptation and Resilience (SAR)” supports the entire planning cycle of climate change adaptation measures: from the preparation of climate risk assessments to the piloting of financing approaches and instruments. It also supports the measures at the local level as well as up-scaling through international climate finance.
More specifically, the project “Strengthening Climate Adaptation and Resilience (SAR)” supports the Pakistan government in three areas,
- Climate Risk Assessments,
- Planning and financial instruments for climate risk management and
- Accessing international climate finance.
The Climate Change Awareness Survey will map out climate risk exposure of businesses operating in Pakistan. These would include both physical risks (risks to company assets due to extreme weather events, supply chain disruptions, business operations sustainability etc.) as well as transition risks (costs of establishing climate risk tracking, reporting and management systems, increased insurance costs, adapting the business model to increase resilience etc.).
