Govt, Germany sign two framework agreements worth 28m euros.
ISLAMABAD -- Government of Pakistan and Germany have signed two framework agreements worth 28 million euros focusing on socio-economic uplift and sustainable development of Pakistan. German Ambassador to Pakistan Alfred Grannas representing the German government and the Ministry of Economic Affairs signed agreements in the energy and governance sectors. Alfred Grannas and Dr Kazim Niaz, Secretary Ministry of Economic Affairs, signed the agreements. Officials from KfW and GIZ also participated in the signing ceremony. Germany will provide a grant financing of 23 million euro under framework agreementTechnical Cooperation Agreement 2021 through GIZ. Under this framework agreement, three projects will be financed namely 'Participatory Local Governance', 'Building Transition to Promote Energy Efficiency in Buildings' and 'Strengthening Climate Adaptation and Resilience'. Participatory Local Governance project with overall financing of 10 million euros, will boost service delivery capacities of local authorities in KP and Punjab to meet local needs and priorities, while other project involving 3 million euros-Building Transition to Promote Energy Efficiency in Buildings: has overall objective to promote energy efficiency through building transition model through political, legal and regulatory interventions, while using inventories and pilot demonstration models. Strengthening Climate Adaptation and Resilience, having overall commitment of 10 million euros, will contribute towards improving all prerequisites for...
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