Islamabad, July 14 2024: In a landmark move, the Capital Development Authority (CDA) has established a Climate Change Fund aimed at mitigating the impacts of climate change in the Islamabad Capital Territory (ICT).
Climate Change Fund, the first of its kind in Islamabad, has been established under the direction of Federal Minister for Interior Mohsin Naqvi.
This initiative also marks a significant step towards addressing environmental concerns in the region.
Commending the efforts, Interior Minister Naqvi praised CDA Chairman Muhammad Ali Randhawa and his team for their proactive approach. “The CDA team deserves accolades for this initiative,” he stated.
As part of the Climate Change Initiative, the CDA is launching a “Carbon Credit Program” that plans to plant 4 to 5 million trees across 2000-10,000 canals in the city.
Chairman Randhawa highlighted that new sectors, avenues, and other open spaces have been designated for this extensive tree plantation drive.
Chairman CDA Muhammad Ali Randhawa said that the designated areas for tree plantation include new sectors, avenues, and other open spaces. Additionally, the “Margalla Hills Fund” has also been approved for recreational spots in Margalla Hills. The fund will designate 1.5 per cent of the revenue generated from these spots for the protection and beautification of Margalla Hills.