Pakistan is facing significant economic challenges due to climate change, with annual losses amounting to nearly 1% of its GDP, as highlighted at the 4th Pakistan Climate Conference organized by the Overseas Investors Chamber of Commerce & Industry (OICCI). Federal Minister for Climate Change and Environmental Coordination, Dr. Musadik Masood Malik, emphasized the urgency of the situation, stating, 'Pakistan is on the frontline of a rapidly intensifying crisis.' The conference underscored the need for 'bankable climate action' and highlighted that achieving climate targets would require $565.7 billion in investment (Trade Chronicle, February 09, 2026). Despite contributing less than 1% to global emissions, Pakistan is experiencing severe impacts from floods and heatwaves, which have displaced millions (Business Recorder, February 10, 2026). Finance Minister Muhammad Aurangzeb described climate change as an 'existential threat' to Pakistan's economy, advocating for public-private partnerships to address environmental risks (PTV News, February 09, 2026).