[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-110545-en":3,"doc-seo-110545-105":31,"detail-sidebar-cat-0-en-105":92},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":21,"is_downloadable":21,"audit_status":21,"page_count":22,"language":23,"language_code":24,"site_id":25,"html_lang":24,"table_of_contents":26,"faqs":27,"seo_title":28,"seo_description":14,"update_tm":29,"read_time":30},110545,8796095461610,"Oliver","https://ap-avatar.wpscdn.com/davatar_276721f389ce27ea32af1340a28f341c",8,"Research & Report","WBG Governor's Statement No. 4 - October 14, 2022 - Statement by the Hon. Sardar Ayaz Sadiq","Governor Ayaz Sadiq delivers Pakistan’s World Bank Group governor statement at the October 14, 2022 Annual Meetings, expressing appreciation for coordination after the pandemic and reaffirming Pakistan’s commitment to ending extreme poverty and boosting shared prosperity. He outlines worsening global conditions driven by inflation, slow growth, the war in Ukraine, and climate-related shocks, emphasizing Pakistan’s heightened vulnerability following catastrophic floods. The statement quantifies damage to lives, health systems, education, infrastructure, crops, and livelihoods, and calls for stronger climate action and adequate climate finance to address adaptation needs and loss & damage.","Public Disclosure Authorized Public Disclosure Authorized  \nWBG Governor's Statement No. 4  \nOctober 14, 2022  \nStatement by the Hon. SARDAR AYAZ SADIQ, Governor of the Bank for PAKISTAN  \nStatement by the Hon. Sardar Ayaz Sadiq,  \nGovernor of the Bank for Pakistan  \nChairperson,  \nFellow Governors, Alternates and Temporary Alternates, and  \nLadies and Gentlemen  \nLet me extend my profound appreciation for the Heads of World Bank Group and the International Monetary Fund and their management teams for organizing and making excellent arrangements for the physical meetings and conducting business as usual after the pandemic. It is an honor forme to be a part of these proceedings and to renew Pakistan’s commitment to realize WB’s twin goals of ending extreme poverty and boosting shared prosperity.  \nJust over two years after the pandemic caused severe disruptions in the global economic systems since the Second World War, the world economy dwindled once again. The impact has been more pronounced in case of emerging markets and developing countries as they are more vulnerable to high inflation and slow growth. The fallout from the war in Ukraine; in combination with frequent climate change events, is compounding the challenges for many of us. This situation is likely to worsen unless we all join hands and coordinate efforts to handle this situation to better secure our future.  \nPakistan’s economy, like other developing countries, was on a recovery path after post-pandemic repercussions but due to the supply chain disruption caused by the Russia-Ukraine War and recent devastating floods in Pakistan, the whole economic outlook is set to change drastically. As you may know, the floods in Pakistan have submerged a third of the country, causing huge loss of lives, livestock, property, deterioration of public infrastructure, and depletion of natural resources. The rainfall was nearly 300% more than the national 30-year average. As per initial estimates, the floods have caused damages worth billions of dollars, displaced more than 33 million people, killed more than 1,700 people, injured almost 13,000 people and damaged over 2,000 health facilities. Almost 18,000 health workers are out of job. There are 650,000 expecting mothers without proper medical care. The disaster has also put at risk the education of 3.5 million school-aged children, due to damage caused to over 22,000 schools. Out of a total of 160 districts of Pakistan, 84 have been declared as calamity hit. 13,000 km of roads and nearly 440 bridgesand a number of dams have been destroyed. Significant losses have been incurred to cotton, dates and rice crops. 1.7 million people require immediate assistance. There is a health emergency, with rising waterborne diseases; dengue/malaria cases and a dire need of nutrition food for babies. Moreover, the floods have also caused an indirect impact through reductions in  \noutputs/revenues, increase in spending and disruption to the flows of goods and services. Destruction of 8 million acres of crops, more than 1.1 million livestock and the ensuing loss of livelihoods, has further complicated the challenge of food insecurity and malnutrition in the country. The world might forget and move on but if we do not open our eyes to this climate catastrophe, someone else could be next.  \nMr. Chairman  \nI would like to highlight here that although Pakistan is only contributing 0. 9% to Global Greenhouse Gas (GHG) Emissions; it is one of the countries’ most vulnerable to the impacts of climate change. The floods that Pakistan has experienced are a wake-up call for the world leaders to address the issue of Climate Change more seriously. Climate catastrophe is plain in sight for everyone to see. There have been countless summits and international meetings on climate change, and yet we are still not on track to reach net zero by 2050. It is frustrating for us to see rich countries haggle with each other over cutting back emissions while we continue to","cbCaiorrWPCJNOLO","https://ap.wps.com/l/cbCaiorrWPCJNOLO","pdf",298103,3,1,5,"English","en",105,"# WBG Governor's Statement\n## Opening appreciation and global context\n## Pakistan flood impacts and socioeconomic losses\n## Climate change vulnerability and calls for action\n## Pakistan’s NDC commitments and financing needs\n## Loss & damage and support requirements","[{\"question\":\"What global challenges does the statement highlight in 2022?\",\"answer\":\"It points to persistent disruptions after the pandemic, rising inflation and slow growth in emerging markets, the fallout from the war in Ukraine, and accelerating climate change events.\"},{\"question\":\"How does the statement describe the impact of the Pakistan floods?\",\"answer\":\"It notes severe loss of life and livelihoods, widespread damage to health facilities and education infrastructure, major destruction of roads and bridges, crop losses, and an urgent health and nutrition emergency.\"},{\"question\":\"What climate commitments and financing needs does Pakistan state under its NDCs?\",\"answer\":\"Pakistan cites an overall 50% projected GHG emissions abatement by 2030, including renewables and electric vehicles, while also stating substantial costs for transition and adaptation and the need for support for loss \\u0026 damage.\"}]","WBG Governor's Statement No. 4 - October 14, 2022 - Statement by the Hon. Sardar Ayaz Sadiq | PDF",1784485933,13,{"code":4,"msg":32,"data":33},"ok",{"site_id":25,"language":24,"slug":34,"title":13,"keywords":35,"description":14,"schema_data":36,"social_meta":87,"head_meta":89,"extra_data":91,"updated_unix":29},"wbg-governors-statement-no-4-october-14-2022-statement-by-the-hon-sardar-ayaz-sadiq","",{"@graph":37,"@context":86},[38,54,69],{"@type":39,"itemListElement":40},"BreadcrumbList",[41,45,49,51],{"item":42,"name":43,"@type":44,"position":21},"https://docshare.wps.com","Home","ListItem",{"item":46,"name":47,"@type":44,"position":48},"https://docshare.wps.com/document/","Document",2,{"item":50,"name":12,"@type":44,"position":20},"https://docshare.wps.com/document/research-report/",{"item":52,"name":13,"@type":44,"position":53},"https://docshare.wps.com/document/wbg-governors-statement-no-4-october-14-2022-statement-by-the-hon-sardar-ayaz-sadiq/110545/",4,{"url":52,"name":13,"@type":55,"author":56,"headline":13,"publisher":58,"fileFormat":61,"inLanguage":24,"description":14,"dateModified":62,"datePublished":63,"encodingFormat":61,"isAccessibleForFree":64,"interactionStatistic":65},"DigitalDocument",{"name":9,"@type":57},"Person",{"url":42,"name":59,"@type":60},"DocShare","Organization","application/pdf","2026-08-04","2026-07-19",true,{"@type":66,"interactionType":67,"userInteractionCount":20},"InteractionCounter",{"@type":68},"ViewAction",{"@type":70,"mainEntity":71},"FAQPage",[72,78,82],{"name":73,"@type":74,"acceptedAnswer":75},"What global challenges does the statement highlight in 2022?","Question",{"text":76,"@type":77},"It points to persistent disruptions after the pandemic, rising inflation and slow growth in emerging markets, the fallout from the war in Ukraine, and accelerating climate change events.","Answer",{"name":79,"@type":74,"acceptedAnswer":80},"How does the statement describe the impact of the Pakistan floods?",{"text":81,"@type":77},"It notes severe loss of life and livelihoods, widespread damage to health facilities and education infrastructure, major destruction of roads and bridges, crop losses, and an urgent health and nutrition emergency.",{"name":83,"@type":74,"acceptedAnswer":84},"What climate commitments and financing needs does Pakistan state under its NDCs?",{"text":85,"@type":77},"Pakistan cites an overall 50% projected GHG emissions abatement by 2030, including renewables and electric vehicles, while also stating substantial costs for transition and adaptation and the need for support for loss & damage.","https://schema.org",{"og:url":52,"og:type":88,"og:title":13,"og:site_name":59,"og:description":14},"article",{"robots":90,"canonical":52},"index,follow",{"doc_id":7,"site_id":25},{"code":4,"msg":5,"data":93},[94,98,102,106,110,115,120,123,128,131,135],{"id":21,"doc_module":4,"doc_module_name":47,"category_name":95,"show_sort_weight":96,"slug":97},"Story & Novel",90,"story-novel",{"id":48,"doc_module":4,"doc_module_name":47,"category_name":99,"show_sort_weight":100,"slug":101},"Literature",80,"literature",{"id":53,"doc_module":4,"doc_module_name":47,"category_name":103,"show_sort_weight":104,"slug":105},"Exam",70,"exam",{"id":22,"doc_module":4,"doc_module_name":47,"category_name":107,"show_sort_weight":108,"slug":109},"Comic",60,"comic",{"id":111,"doc_module":4,"doc_module_name":47,"category_name":112,"show_sort_weight":113,"slug":114},6,"Technology",50,"technology",{"id":116,"doc_module":4,"doc_module_name":47,"category_name":117,"show_sort_weight":118,"slug":119},7,"Healthcare",40,"healthcare",{"id":11,"doc_module":4,"doc_module_name":47,"category_name":12,"show_sort_weight":121,"slug":122},30,"research-report",{"id":124,"doc_module":4,"doc_module_name":47,"category_name":125,"show_sort_weight":126,"slug":127},9,"Religion & Spirituality",20,"religion-spirituality",{"id":126,"doc_module":4,"doc_module_name":47,"category_name":129,"show_sort_weight":126,"slug":130},"World Cup","world-cup",{"id":132,"doc_module":4,"doc_module_name":47,"category_name":133,"show_sort_weight":132,"slug":134},10,"Lifestyle","lifestyle",{"id":136,"doc_module":4,"doc_module_name":47,"category_name":137,"show_sort_weight":22,"slug":138},19,"General","general"]