Islamabad, July 22 -- Federal Planning Minister Ahsan Iqbal called on developed countries to fulfill their climate finance promises. He spoke at a climate change event and said climate change is no longer a theory but a harsh reality. He warned that glacier melting in Pakistan is reaching its highest rate in 60 years. This threatens the water system of the Indus River, which millions depend on for survival.

Iqbal stressed that the promised $10 billion annually for affected countries is not charity. Instead, it is a demand for climate justice. He said vulnerable countries like Pakistan require this support urgently to cope with climate impacts. The minister also highlighted the role of international financial institutions in helping Pakis...