Financing climate resilience in Gilgit-Baltistan

Gilgit-Baltistan is strategically located at the confluence of three of the world’s most formidable mountain ranges: the Himalayas, the Karakoram, and the Hindu Kush. This region is home to over 7,000 glaciers, earning it the title of the “Third Pole”. These glaciers, with almost 75 per cent of the total water supply in the country, serve as a vital hydrological resource for Pakistan. Beyond their role in sustaining freshwater reserves in the country, glacial meltwater also supports significant hydraulic energy production; hence, this region has a decisive role in both providing water security and producing renewable energy.