• Allocations in all climate heads face cuts, except for disaster management • Experts call for transparency in climate spending, structural reforms ISLAMABAD: Climate allocations in the next fiscal year’s federal budget again fall short of putting Pakistan on a path towards a climate-smart future and inclusive growth despite the immediate risks it poses to the country. Except for disaster management finance, allocations in almost all climate categories have decreased compared to the outgoing financial year. The mitigation funds have been reduced from Rs603 billion to Rs124 billion, while adaptation money has been slashed from Rs85bn to Rs70bn.