Pakistan Unveils New Energy Vehicle Policy 2025 Aimed at Cleaner Transport and Climate Resilience

Strategic Insights -

Pakistani Prime Minister Shehbaz Sharif has announced a major policy shift towards cleaner transport and climate resilience by inaugurating the country's New Energy Vehicle Policy 2025. The policy aims to promote the adoption of electric vehicles (EVs) and reduce greenhouse gas emissions. The premier expressed his gratitude to the British government for their support in strengthening Pakistan's EV framework.

Key Takeaways:

  • The New Energy Vehicle Policy 2025 has been hailed as a major step towards cleaner transport and climate resilience in Pakistan.
  • The policy aims to promote the adoption of electric vehicles (EVs) and reduce greenhouse gas emissions.
  • Prime Minister Shehbaz Sharif credited Special Assistant to the Prime Minister on Industries and Production Haroon Akhtar Khan and Minister of Industries Rana Tanveer Hussain for their efforts in drafting the policy.
  • The prime minister acknowledged the British government's support in strengthening Pakistan's electric vehicle (EV) framework.
  • Pakistan ranks among the countries most vulnerable to climate change despite contributing little to global greenhouse gas emissions.
  • The 2022 floods had a devastating impact on the country, with over 700 Pakistanis, including children, lost to extreme weather events.
  • The policy aims to provide e-scooters to hundreds of top-performing students on a merit basis, with a 10 per cent higher quota allocated to Balochistan.
  • The prime minister proposed raising funding for the programme from the current Rs9 billion to Rs90 billion in the next fiscal year.

Statistics:

  • Over 700 Pakistanis, including children, have lost their lives to extreme weather events this year alone.
  • Pakistan ranks among the countries most vulnerable to climate change despite contributing little to global greenhouse gas emissions.
  • The New Energy Vehicle Policy 2025 aims to promote the adoption of electric vehicles (EVs) and reduce greenhouse gas emissions.
  • A 10 per cent higher quota has been allocated for Balochistan in the e-scooter distribution programme.
  • The policy aims to provide 100,000 laptops to high achievers nationwide.
  • The current funding for the programme is Rs9 billion, which is expected to be raised to Rs90 billion in the next fiscal year.

Sources:

  • Pakistan's New Energy Vehicle Policy 2025
  • Office of the Prime Minister of Pakistan
  • Department for International Trade, UK Government