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SDPI, Edge Group sign MoU to make urban dwellings resilient, sustainable

Islamabad, October 26, 2022 (PPI-OT):The Sustainable Development Policy Institute (SDPI) and real estate sector Edge Group on Wednesday signed a memorandum of understanding (MoU) to make new urban dwellings resilient by applying standards set in the SDG 11 (making cities and human settlements inclusive, safe, resilient and sustainable) and SDG13 (climate action).

Pakistan is signatory to the UN Sustainable Development Goals (SDGs) to meet Agenda 2030 agenda and global sustainability issues. Pakistan’s real estate sector is growing continuously and the demand for housing in a country of 220 million will not be lower. Unorganized and unplanned growth in housing poses challenges for both the populace and the environment. This unplanned and unsustainable urban growth and development of housing societies mar public services and natural resources causing pressures on the government.

According to a press release of SDPI, to address the core issue of ‘sustainable tomorrow’, a new genre of futuristic organizations is established under the umbrella of Edge Group (EG). Sustainable tomorrow is the key question which EG is trying to address with technical support from the experts on SDGs, Sustainability, Climate Change and Resilience available with the leading think tank of the country, the SDPI.

This MoU will promote cooperation between think tanks and private sector. Under this MoU, Edge will continue to have close consultative coordination with SDPI’s experts for their future endeavours to ensure their compliance under the SDGs targets; another aim of this MoU is to create a result-oriented dialogue among the policy makers and stakeholders.

Given the need for clear actions to achieve the SDGs in housing/real estate sector, this is a step in the right direction by the private sector representatives where the key question of what is the real contribution of the corporate entities to sustainable development remains unanswered. Edge is committed to keep on pursuing on this highly significant matter via creating awareness, consistent follow ups and interactive sessions with the stakeholders in the future.

“The Edge Group is committed in realizing the SDGs targets as a responsible national and global private sector player like other corporate sector companies globally playing their role in achieving the SDGs targets mandated by the UN which has mobilized and motivated the private sector to come forward to play their due role.

The EG feels that its cooperation with SDPI will go a long way in fulfilling our commitment to sustainability and resilience,” said Mr Zeeshan Hashmi, CEO of the Edge Group on the eve of the signing of the MoU. “The SDPI works with governments, private sector, and civil society to influence the policy agenda in favour of sustainable and resilient development. The SDGs 11 and 13 indicate that now from onwards we have to move to make cities inclusive, clean, green, and smart to reduce carbon footprint to serve the cause of climate change mitigation and adaptation.

The MoU with Edge is a step forward in this direction; and it is a welcome step that they have pro-actively reached SDPI to seek technical support on integrating SDGs target into their development projects,” said Dr Shafqat Munir Ahmad, Director/Head Sustainability and Resilience Programme SDPI.

For more information, contact:
Coordinator, Policy Advocacy and Outreach
Sustainable Development Policy Institute (SDPI)
38 Embassy Road, G-6/3 Islamabad, Pakistan
Postal Code: 44000
Tel: +92-51-2278134 (Ext: 113)
Fax: +92-51-2278135
Cell: +92-333-559 2210
Email: main@sdpi.org
Website: https://sdpi.org/