Pakistan’s FY26 Budget: A climate turning point, or a green mirage?
Pakistan’s Federal Budget for FY26 has been heralded as the nation’s first “climate budget,” a significant step in embedding environmental considerations into fiscal policy. On the surface, the allocations suggest a genuine pivot towards climate action: a remarkable 183% increase in mitigation spending to Rs603 billion, an 83% rise in adaptation funds to Rs85.4 billion, […]