UNITED NATIONS: Pakistan has urged the United Nations to strengthen its commitment to supporting developing nations in tackling debt sustainability challenges.

Stressing that this burden has notably impeded efforts related to climate change and gender equality, Pakistan highlights the need for increased assistance in these crucial areas. In a recent gathering organised by the Group of Friends on Gender Parity to commemorate Inter­national Women’s Day, Pak­is­tan’s UN envoy, Amb­a­ssador Munir Akram, highlighted the crucial connection between climate finance, debt sustainability, and the plight of women in regions under foreign occupation.

“Debt sustainability remains a pressing issue for many developing countries as they grapple with the dual challenges of climate change and debt burdens,” he said.

He underlined that balancing the need for climate finance with debt sustainability requires innovative financing mechanisms. “By aligning climate finance with debt relief strategies, developing countries can better manage their financial obligations while advancing climate action and building a more sustainable and resilient future,” he said.

Urges action on climate finance, sustainability, and gender equality

This, he argued, would empower developing countries to manage their financial obligations effectively while simultaneously advancing climate action and fostering a sustainable future.

Drawing attention to the challenges faced by women under foreign occupation, specifically in Indian-occupied Jammu and Kashmir and Palestine, Ambassador Akram outlined a spectrum of difficulties ranging from systemic oppression to severe human rights violations. He asserted that women in these situations experience heightened vulnerability to violence, exploitation, and discrimination, with their rights often violated with impunity.

Commending the UN Secretary-General’s achi­eve­ments in gender parity at the senior UN management level in 2021, Ambassador Akram underscored the significant role gender parity plays in the empowerment of women and the creation of inclusive workplaces and societies.

However, he noted an existing imbalance in the representation of women from developed and developing countries, urging for equitable geographical representation at the United Nations. Amba­ssador Akram argued that such representation would make the organisation more dynamic, robust, and truly reflective of the aspirations of people from all regions and continents.

As the international community marked Inter­national Women’s Day this week, Pakistan’s call for a holistic approach that intertwines gender parity, climate action, and debt sustainability resonates with the requirements for building a more inclusive and sustainable future for all.

On Friday, the UN chief launched a plan to boost the empowerment of women and girls around the world, unveiling details at a meeting commemorating International Women’s Day. “Equality is overdue; to achieve it, we must match rhetoric with resources,” UN Secretary-General António Guterres said.

Published in Dawn, March 11th, 2024

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Military option
Updated 21 Nov, 2024

Military option

While restoring peace is essential, addressing Balochistan’s socioeconomic deprivation is equally important.
HIV/AIDS disaster
21 Nov, 2024

HIV/AIDS disaster

A TORTUROUS sense of déjà vu is attached to the latest health fiasco at Multan’s Nishtar Hospital. The largest...
Dubious pardon
21 Nov, 2024

Dubious pardon

IT is disturbing how a crime as grave as custodial death has culminated in an out-of-court ‘settlement’. The...
Islamabad protest
Updated 20 Nov, 2024

Islamabad protest

As Nov 24 draws nearer, both the PTI and the Islamabad administration must remain wary and keep within the limits of reason and the law.
PIA uncertainty
20 Nov, 2024

PIA uncertainty

THE failed attempt to privatise the national flag carrier late last month has led to a fierce debate around the...
T20 disappointment
20 Nov, 2024

T20 disappointment

AFTER experiencing the historic high of the One-day International series triumph against Australia, Pakistan came...