You are here: Home » News-ANI » International » World
Business Standard

India objects to Pak's glacial flood project

ANI  |  Islamabad [Pakistan] 

After objected to Pakistan's USD 35 million proposals to the Green Climate Fund (GCF), a United Nations Framework Convention on Climate Change (UNFCCC), the board has postponed its decision of granting the aid.

The Ministry of Climate Change (MoCC) had submitted a USD 35 million project to the GCF to address the mounting risk of glacial lake outburst floods (GLOFs) in Pakistan's northern areas where average temperatures continue to rise and cause glaciers to melt at a much faster rate, reports the Express Tribune.

India, one of the board members of the body representing the Asia-Pacific region along with and Saudi Arabia, opposed the project calling it 'technically flawed'.

According to MoCC sources, when Pakistan's proposals came up for discussion at the board, India's representative Sharma raised objections against it, pointing out that the project's success was predicated on there being no glacial outbursts during the five years of the project.

The board could not clear any project on Wednesday and postponed the decision.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

RECOMMENDED FOR YOU

India objects to Pak's glacial flood project

After India objected to Pakistan's USD 35 million proposals to the Green Climate Fund (GCF), a United Nations Framework Convention on Climate Change (UNFCCC), the board has postponed its decision of granting the aid.The Ministry of Climate Change (MoCC) had submitted a USD 35 million project to the GCF to address the mounting risk of glacial lake outburst floods (GLOFs) in Pakistan's northern areas where average temperatures continue to rise and cause glaciers to melt at a much faster rate, reports the Express Tribune.India, one of the board members of the body representing the Asia-Pacific region along with China and Saudi Arabia, opposed the project calling it 'technically flawed'.According to MoCC sources, when Pakistan's proposals came up for discussion at the board, India's representative Dinesh Sharma raised objections against it, pointing out that the project's success was predicated on there being no glacial outbursts during the five years of the project.The board could not ...

After objected to Pakistan's USD 35 million proposals to the Green Climate Fund (GCF), a United Nations Framework Convention on Climate Change (UNFCCC), the board has postponed its decision of granting the aid.

The Ministry of Climate Change (MoCC) had submitted a USD 35 million project to the GCF to address the mounting risk of glacial lake outburst floods (GLOFs) in Pakistan's northern areas where average temperatures continue to rise and cause glaciers to melt at a much faster rate, reports the Express Tribune.

India, one of the board members of the body representing the Asia-Pacific region along with and Saudi Arabia, opposed the project calling it 'technically flawed'.

According to MoCC sources, when Pakistan's proposals came up for discussion at the board, India's representative Sharma raised objections against it, pointing out that the project's success was predicated on there being no glacial outbursts during the five years of the project.

The board could not clear any project on Wednesday and postponed the decision.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

India objects to Pak's glacial flood project

After objected to Pakistan's USD 35 million proposals to the Green Climate Fund (GCF), a United Nations Framework Convention on Climate Change (UNFCCC), the board has postponed its decision of granting the aid.

The Ministry of Climate Change (MoCC) had submitted a USD 35 million project to the GCF to address the mounting risk of glacial lake outburst floods (GLOFs) in Pakistan's northern areas where average temperatures continue to rise and cause glaciers to melt at a much faster rate, reports the Express Tribune.

India, one of the board members of the body representing the Asia-Pacific region along with and Saudi Arabia, opposed the project calling it 'technically flawed'.

According to MoCC sources, when Pakistan's proposals came up for discussion at the board, India's representative Sharma raised objections against it, pointing out that the project's success was predicated on there being no glacial outbursts during the five years of the project.

The board could not clear any project on Wednesday and postponed the decision.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard