Pakistan faces an escalating frequency of natural disasters, necessitating a strategic shift in financial planning. Traditional systems, which react only post-disaster, prove ineffective. Instead, we need proactive planning that predicts risks, allocates resources, and focuses on risk reduction. Financial institutions play a crucial role by developing models that simulate disaster scenarios using climate projections, historical data, and socio-economic factors. These models guide the creation of resilient financial products and investment strategies.
