Page 13 - CMA Journal (Nov-Dec 2025)
P. 13

Exclusive Interview



              Third, every new project must meet mandatory green   million gallons of sewage discharged into Rawal Dam
              resilience standards. All urban and infrastructure   daily and the Indus River being the second most polluted
              developments should reserve at least 10% of project   river in the world. Banning single-use plastics, as already
              land for integrated green or blue space, not decorative   done in Islamabad, must be expanded nationwide.
              landscaping, but functional rain gardens, wetlands, and   Investment is needed in plastic-to-material technologies,
              green corridors that absorb stormwater, cool cities, and   waste-to-energy, and circular economy models that
              restore biodiversity. This approach is already standard in   reduce pollution while addressing energy shortages.
              high-density cities such as Singapore and Seoul, where
                                                               Finally, Pakistan must shift from mega-projects to
              green infrastructure is treated as a core urban system,
                                                               innovation at scale.  This is not the era of big dams,
              not optional aesthetics. Pakistan must follow suit to
                                                               especially when funding gaps and cost overruns persist.
              break the flood-pollution-heat cycle.
                                                               The future lies in distributed innovation: plastics
              Fourth,  pollution control must be treated as a public   converted into usable materials, students and startups
              health and climate emergency. Pollution is a serial killer in   leading new environmental solutions, and nature-based
              Pakistan: 256,000 deaths annually linked to air pollution,   solutions monetised through carbon credits, as
              11 million children under five affected by smog in   demonstrated by the Delta Blue mangrove project.
              Punjab’s worst-hit areas, USD 22 billion annual economic
                                                               ICMA:  How can citizens, civil society and local
              cost, nearly 6.5% of GDP. Children breathe twice as fast as
                                                               governments turn climate policies into visible,
              adults, making pollution a generational injustice.
                                                               measurable results?
              Fifth, transport, industry, and agriculture must shift
                                                               Sherry Rehman: Civil society and local governments
              simultaneously. Pakistan adopted the National Clean Air
                                                               can support community-level monitoring, transparent
              Policy in 2023, under which:
                                                               reporting, and participatory planning, ensuring projects
              •  Transport: Enforce vehicle inspection and mainte-  demonstrate real benefits for farmers, households, and
                 nance, retire high-emitting heavy commercial   vulnerable groups. Citizens everywhere in the world are
                 vehicles, improve fuel quality to Euro-5 and Euro-6   actually making the change, including in Pakistan, where
                 standards, and prioritise clean buses on high-de-  renewable energy is being utilised across the board,
                 mand routes.                                  helping to reduce high losses from a leaky and inefficient
              •    Industry: Complete the transition to cleaner brick   power grid. Pakistan’s rooftop revolution is a case in
                 kiln technologies, mandate continuous real-time   point, where low-cost solar panels from China have
                 emissions monitoring, and require standardised   transformed the energy and emissions landscape.
                 third-party audits with public compliance reporting.  Pakistan is now the world’s 6th-largest solar market.
              •    Agriculture: Ensure strict implementation of the ban   A whole-of-country approach will require Pakistan
                 on crop residue burning with strong monitoring.  holding its own Conference of Parties, where key agencies,
                                                               both provincial and federal, come together to reshape the
              •    Waste:  Prevent open burning of municipal solid
                                                               climate and resilience landscape while generating aligned
                 waste.
                                                               and updated data for clear policy responses.
              •  Households/Residential: Promote use of low-emis-  ICMA:  What key lessons from recent climate
                 sion cooking technologies.
                                                               disasters should shape Pakistan’s future policies and
              Moreover, Pakistan recently introduced the New Energy   infrastructure for stronger resilience?
              Vehicle Policy (NEVP) 2025–30, which aims to see 30% of
                                                               Sherry Rehman:  The central lesson is that reactive
              new sales comprising new energy vehicles (NEVs) in
                                                               responses are no longer viable.  The 2022 floods,
              two-and   three-wheelers,  passenger  cars,  light
                                                               subsequent Punjab floods destroying 2.5 million acres of
              commercial vehicles (LCVs), buses, and trucks by 2030.
                                                               farmland, and accelerating glacial melt, show that
              It also targets 50% NEV sales by 2040 and aspires to reach   Pakistan must shift to proactive, digital, climate-smart
              a net-zero transport fleet by 2060. The policy aims for   adaptation.
              100% of new vehicle sales across all segments to be NEVs
                                                               Future policy must prioritise early warning systems,
              by 2050. The NEVP also envisions the establishment of
                                                               climate-proof infrastructure, transparent, high-quality
              3,000 charging stations by FY30, including Level 3 fast
                                                               project design, diversified financing beyond loans and
              chargers and Level 2 chargers, with the target for FY26
                                                               people-first adaptation.
              set at 240 charging stations.
                                                               The Editorial Board thanks  Senator Sherry Rehman, Chairperson,
              Sixth, water contamination and plastic pollution must be
                                                               Standing Committee on Climate Change & Environmental
              tackled at scale. Pakistan recycles only 1% of plastic,   Coordination- Senate of Pakistan for sparing her precious time to give
              compared to a global average of 9%. Plastics choke drains,   an exclusive interview for Chartered Management Accountant Journal.
              worsen flooding, and contaminate water bodies, with 9
                                                             ICMA’s Chartered Management Accountant, Nov-Dec 2025  11
   8   9   10   11   12   13   14   15   16   17   18