The Green Climate Fund (GCF), a UN agency established to assist developing countries financially in reducing the effects of climate change, proposed the grant in 2017 to tackle climate-induced disasters and glacial lake flooding.
Government officials from the GB and KP say that the GCF has not released the full agreed amount. The donor organization has so far disbursed $10 million, 10% of which was used, according to officials.
The GCF said in a statement, “The GCF board has noticed the slow utilization of the disbursed funds by the GB and KP governments. The board has conveyed to the government of Pakistan that it can withdraw the pledged funds if the GB and KP governments do not accelerate the utilization of funds.”
The GCF promised $35 million not only to enable communities to recognize climate change-related threats but also to enhance their preparation and response. It also aimed to improve public services to reduce the damage caused by climate change.
Ignacio Artaza, a resident UNDP representative in Pakistan, said that the fact that the KP and GB governments could only use the 10% of the $10 million they had at their disposal demonstrated their apathy for climate change.