Pakistan and Citi Launch Sovereign Sustainability Framework

Citi has partnered with the Government of Pakistan to introduce the country’s first Sovereign Sustainable Finance Framework, marking a major step toward environmentally responsible and socially conscious financing. Through this initiative, Pakistan aims to issue sustainable finance instruments such as green and social bonds to fund projects that positively impact the environment and society. The collaboration also positions Pakistan as a credible player in the global sustainable finance market, attracting investors who value environmental, social, and governance (ESG) principles.

The new framework sets out clear guidelines for how funds will be managed and reported, ensuring transparency and accountability throughout the process. It focuses on identifying and supporting projects that make a measurable difference in tackling climate challenges and promoting social welfare. With Citi serving as the Joint Sustainability Coordinator, the framework emphasizes adherence to international best practices, helping to build investor confidence and reinforce Pakistan’s commitment to sustainable development.

Beyond simply raising funds, this collaboration reflects Pakistan’s broader vision to embed sustainability into its financial system. By laying the foundation for future green and social bond issuances, the framework will help channel resources toward inclusive growth and climate resilience. Ultimately, this initiative represents a meaningful stride toward aligning Pakistan’s economic progress with global sustainability goals.