close
Saturday October 19, 2024

UK-funded entity on climate launches investor roadshow in Karachi

"There is urgent need for sustainable solutions to help Pakistan adapt to climate change"

By Asif Mehmood Butt
October 19, 2024
An image from the UK-funded Climate Finance Accelerator (CFA) Pakistans two-day Investor Roadshow in Karachi. — Facebook@ClimateFinanceAccelerator/file
An image from the UK-funded Climate Finance Accelerator (CFA) Pakistan's two-day Investor Roadshow in Karachi. — Facebook@ClimateFinanceAccelerator/file 

LAHORE: The UK-funded Climate Finance Accelerator (CFA) Pakistan kicked off its two-day Investor Roadshow in Karachi on Friday, 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.

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.”