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The World Bank estimates record-breaking floods this summer have cost the country $40bn (£35bn), officials said.
The figure is $10bn (£8.8bn) higher than an earlier estimate by the Pakistani government.
Cash-strapped Pakistan was already facing a severe financial crisis before the torrential rains hit in mid-June.
The rains triggered unprecedented flooding that at one point submerged a third of the country and forced hundreds of thousands of people to move to safer places.
The new assessment was made at a meeting between Prime Minister Shahbaz Sharif and climate change experts in the capital Islamabad. The World Bank had no immediate word on the new estimates.
Climate change has made flooding worse, killing 1,719 people and affecting 33 million since mid-June, experts say. Water has damaged or washed away 2 million homes.
Mr Sharif’s government last month estimated the damage from the floods at $30bn (£26.4bn) but warned the actual figure could be much higher.
A final report on the damage has yet to be finalized, with the help of international aid agencies and lenders, including the World Bank.
The United Nations has revised its aid appeal to Pakistan fivefold to $816 million (£720 million) from an initial $160 million (£141 million), saying a recent assessment of damage from the floods showed an urgent need for long-term help, continue until next year.
A government statement released on Wednesday following the prime minister’s meeting with the newly formed Pakistan Climate Change Commission cited Mr Sharif’s oft-repeated statement that Pakistan, despite its share of less than 1 per cent of global carbon emissions, is still the most affected by climate change. One of the 10 serious countries.
Mr Sharif also said he hoped next month’s UN climate conference in Egypt – where the Pakistani prime minister was recently nominated as vice-chairman – would provide Pakistan “an opportunity to demonstrate its awareness of the vulnerabilities of developing countries to position”. The impact of climate change”.
Flood victims in Pakistan’s worst-hit Sindh province have returned home in the past three weeks after floodwaters receded in that province and other parts of the country, including Balochistan, where the United Nations estimates 43 people were killed, government officials said. disaster. % of crops.
Flood-related deaths included 345 women and 641 children. The UN says 7 million women and children need immediate access to food.
Pakistan wants the international community to expand aid to flood survivors, who are also now at risk from water-borne diseases, malaria and dengue fever.
Experts say people in disaster-hit areas will face severe winters this year and will be in dire need of assistance.
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