The funds, primarily structured as low-interest concessional loans through Germany's development bank KfW, will target key priority areas aligned with India's ambitious climate goals and the broader framework of the Green and Sustainable Development Partnership (GSDP), launched in 2022.
Speaking at the launch, officials highlighted how PANKHUDI aligns with prime minister Narendra Modi's vision of leveraging technology as a bridge between the government and citizens.
A groundbreaking new report by the International Centre for Integrated Mountain Development (ICIMOD) reveals that the region requires approximately USD 12.065 trillion from 2020 to 2050 to adequately fund climate adaptation and mitigation efforts.
Bangladesh ranks among the world’s most climate‑vulnerable countries while contributing less than one per cent of global GHG emissions, facing recurring climate induced disasters that damage agriculture, infrastructure and livelihoods, with annual climate finance needs estimated at over USD 26 billion, especially for adaptation and loss and damage.
The new campaign criticises the international community’s shift toward what the group calls “silence and normalization.” Despite widespread initial outrage, some countries have engaged with the Taliban on pragmatic grounds.
These signings follow recent ADB commitments totalling $730 million for power transmission and state-owned enterprise reforms, highlighting ongoing multilateral support amid Pakistan’s economic recovery efforts.
The KPMG–UNDRR GETI partnership seeks to translate global DRR frameworks – notably the Sendai Framework for Disaster Risk Reduction 2015–2030 – into practical, scalable actions adapted to India’s context.
Appreciating initiatives like Gift Milk and Shishu Sanjeevani by NDDB, Krishan Pal Gurjar said these programmes focus on aspirational districts, tribal areas, Anganwadi centres and government schools, ensuring alignment with local needs and last-mile delivery.