Islamabad – The Government of Pakistan has announced the launch of a $102 million Climate Risk Fund to support farmers devastated by recent floods. The fund is designed to provide financial assistance, crop insurance, and long-term resilience strategies for communities most at risk from climate-induced disasters.
Officials from the Ministry of Climate Change and Agriculture said the initiative will ensure that small-scale farmers—many of whom lost their crops and livelihoods in the floods—receive timely compensation and protection against future climate shocks.
“This fund reflects our commitment to protecting Pakistan’s farmers, who are the backbone of our economy, from the devastating impacts of climate change,” a government spokesperson stated.
The program is expected to be implemented in collaboration with international development partners, NGOs, and local authorities, with a focus on transparency and quick disbursement of resources.
Experts have welcomed the move, noting that Pakistan is among the most climate-vulnerable countries in the world and needs urgent measures to safeguard its agriculture sector.
