Climate change is a global phenomenon and a challenging reality for thinkers, planners, policymakers and professionals alike. It is a phenomenon that is likely to impact almost every sector of Pakistan’s economy. Today it stands not only as a major environmental issue but also as a multi-dimensional developmental issue. It was in this backdrop that the Planning Commission of Pakistan set up a ‘Task Force on Climate Change’ (TFCC) in October 2008 to provide appropriate guidelines for ensuring security of vital resources of the country such as food, water and energy. The key task assigned to the TFCC was to contribute to the formulation of a climate change policy that would assist the government in pursuing the paramount goal of sustained economic growth by appropriately addressing the challenges posed by the climate change.