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UK to assist Pakistan in ‘National Capital Accounting’
Ag APP
ISLAMABAD: The United Kingdom will provide technical support on “National Capital Accounting” a process by which natural assets can be valued accurately for conservation efforts and a letter to that effect was signed between the UK British High Commission Islamabad, UK Statistics Authority and the Ministry of Climate Change on Thursday.
The Prime Minister’s aide on climate change, Malik Amin Aslam and the British High Commissioner in Pakistan, Dr Christian Turner, also witnessed the signing ceremony. Turner also posted a photo on his Twitter account.
Both sides pledged to work together to introduce the concept of natural capital accounting systems and its implementation for the conservation and protection of natural resources, biodiversity and ecosystems.
UK to help Pakistan mainstream valuing natural resources
July 2, 2021
Islamabad : Special Assistant to Prime Minister on Climate Change Malik Amin Aslam has said that the earth’s natural resources, biodiversity and ecosystems, which collectively make up our planet’s core natural capital, is now at risk of fast depleting because of over-exploitation of the resources.
“However, sustainable use of the natural capital, which actually provides the foundation for sustainability of the life on earth and overall socioeconomic development of current and future generations, is vital to its sustainability for generating ecosystem services for the lasting human well-being,” he said while addressing a high-level regarding signing of ‘Letter of Support on Natural Capital Accounting (NCA)’ between the British High Commission Islamabad, UK Statistics Authority and the Ministry of Climate Change held here on Thursday.