Pakistan losing nearly 1pc of GDP annually to climate damage – Dr Musadik Malik

 

KARACHI (February 10, 2026) – Federal Minister for Climate Change & Environmental Coordination, Dr. Musadi Masood Malik said that Pakistan is losing almost one per cent of its gross domestic product (GDP) each year to climate-related damage despite contributing less than one per cent to global. greenhouse gas emissions. 

Addressing the fourth Pakistan Climate Conference held here, the minister remarked that recurring floods, extreme heatwaves and destruction of infrastructure were steadily eroding economic gains and undermining human security.

Citing recent disasters, he said around 6,000 people had died in the last four major floods, while 19,000 were injured or disabled. More than 40 million people were displaced and nearly 20 million children forced out of school.

“We celebrate growth of 3–4pc, only for floods to wipe out nearly 10pc of GDP in a single season,” he said, describing climate change as an “existential economic challenge” rather than a routine environmental concern.

Referring to record 53°C heatwaves and the accelerated melting of glaciers, Mr Malik said the crisis must be confronted with the same national resolve once reserved for counterterrorism efforts.

He said the Ministry of Climate Change and Environmental Coordination was pursuing a three-pillar strategy focused on restoring natural ecosystems, expanding and strengthening infrastructure, and building climate-resilient systems. Priorities include protecting natural flood defences such as mangroves and forests, recharging aquifers and safeguarding clean rivers.

The minister noted that Pakistan’s updated Nationally Determined Contributions (NDC) 3.0, which target a 50pc reduction in emissions by 2035, would require an estimated $565.7 billion in investment.

Calling on industries to invest in youth-led green innovation, he announced that the ministry would launch youth-driven climate initiatives and a Virtual Green University after Eid to promote sustainable development and equip the next generation with climate action skills.

“Effective climate adaptation is not optional,” he said. “It is fundamental to Pakistan’s resilience, development and future prosperity.”
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For official communication or media-related inquiries, please contact: Muhammad Saleem Shaikh, Deputy Director (Media and Communication) Ministry of Climate Change and Environmental Coordination, Government of Pakistan at email:  dd.media@mocc.gov.pk