The UK-funded Climate Finance Accelerator (CFA) Pakistan kicked off its two-day Investor Roadshow in Karachi today, bringing together seven innovative climate mitigation projects spanning sectors such as power, e-mobility, healthcare, food, agriculture, and technology.
The CFA, implemented by DAI Pakistan on behalf of the UK Government, has provided the projects with technical, financial, and gender inclusion expertise to help ready them for investment. The third cohort of projects marks a significant milestone in the UK’s efforts to bolster Pakistan’s environmental sustainability and climate resilience.
Designed to combat the intensifying challenges of climate change, these projects will be presented to a distinguished panel of investors from financial institutions, venture capitals, corporates, and key Government bodies during the two-day event.
The British Deputy High Commissioner, Sarah Mooney, underscored the UK’s commitment to addressing climate change in Pakistan:
“Pakistan is on the front lines of the climate crisis. There is an urgent need for sustainable solutions to help Pakistan adapt to climate change and mitigate against it. Finance is essential to achieve this. We are unlocking investment opportunities through innovative projects to drive long-term, positive change in Pakistan and globally.”
Secretary Ministry of Climate Change – Ms. Aisha Humera while addressing the gathering, said, “We value the UK Government’s initiative, which emphasizes the importance of private sector involvement in Pakistan’s green transition. We’re excited to engage with innovative low-carbon projects led by visionary young entrepreneurs that will go a long way in achieving a sustainable future and lead to strong public-private partnerships, unlocking climate finance, and pursuing innovative solutions to combat climate change.”
James Naughton of DAI UK and Ian Milborrow of PwC UK spoke about the genesis of the global CFA programme, the activities of CFA Pakistan since its 2022 launch, and the overall environment of climate financing in Pakistan. Khurram Lalani, CFA Pakistan Team Leader, highlighted the significance of this third cohort: “This cohort exemplifies the type of transformative change that is possible when we bring together innovative ideas, expert knowledge, and the right financial instruments. The CFA has been pivotal in helping these projects move closer to investment readiness. It goes beyond funding – it’s about building lasting partnerships and creating systems that address the climate crisis while fostering economic growth.”