UNGA – FM address

UNGA – FM address

Participation of the Foreign Minister at the High-Level Event

“High-Level Dialogue on Energy”

New York, the Foreign Minister Shah Mahmood Qureshi participated virtually in the “High-Level Dialogue on Energy 2021” convened by the United Nations Secretary General to build a global roadmap towards the achievement of SDG 7 by 2030 and net zero emissions by 2050.

2. During the event, the Foreign Minister highlighted that attaches high priority to the achievement of the SDG 7 and stated Pakistan’s policy objectives centered around universal access to energy, doubling the share of renewable energy, and doubling the rate of energy efficiency.

3. The Foreign Minister emphasized that the solar and wind power potential of Pakistan is 40,000 MW and hydropower potential is around 45,000 MW, which makes Pakistan one of the most attractive locations for renewable energy investment in South Asia.

4. The Foreign Minister also informed the participants that Pakistan has imposed a moratorium on new imported coal power plants from 2020. He added, “Efforts are also underway to increase the share of renewables in Pakistan’s energy supply mix to 20% in 2025, and 30 per cent by 2030”.

5. The Foreign Minister emphasized on the need to boost progress towards achievement of SDG 7. While proposing a transition to a sustainable model of economic growth, the Foreign Minister urged the international community to encourage public investment in renewable energy through policy decisions and stated that there is a need to capitalize on the momentum towards net-zero carbon emission to advance SDG7 action as two-third of total carbon emissions emanate from the energy sector.

7. The High-level Dialogue on Energy 2021 was the first global gathering on energy that was held after 1981 under the auspices of the UN General Assembly. The objective was to promote the implementation of the energy-related goals and targets of the 2030 Agenda for Sustainable Development in support of the implementation of the United Nations Decade of Sustainable Energy for All (2014–2024).