Karachi (GNP): Ten Pakistani businesses are seeking a combined US$51 million over the next 12 months to expand practical climate solutions, following specialist support from the UK Government.
The businesses are developing cleaner energy, transport, construction, farming and waste solutions. With UK-funded technical and financial advice, they strengthened their investment proposals and presented them directly to investors, banks and development finance institutions in Karachi.
The Climate Finance Accelerator (CFA) Pakistan, implemented by DAI on behalf of the UK Government, gave each business technical, financial, and gender equality and social inclusion support to prepare for investment. Between 2022 and 2024, the programme supported 22 projects in Pakistan and helped mobilise US$40 million in investment for climate projects.
The two-day CFA Pakistan Investor Roadshow, held on 27 and 28 October, connected the businesses with potential investors. The ten businesses span five sectors: agriculture and land use, waste and circular economy, clean energy, building and construction, and e-mobility. Together, they have a three-year investment pipeline worth US$120 million.
The roadshow also brought together government, investors and industry representatives to discuss how Pakistan can attract more private finance for climate projects by addressing policy, regulatory and market barriers.
Welcoming guests on behalf of the Government of Pakistan, Syed Nasir Hussain Shah, Sindh Minister for Local Government and Housing Town Planning, reaffirmed the government’s commitment to working with the private sector and development partners to mobilise finance for climate action.
He said, “Climate change is often discussed primarily as an environmental challenge. But for Pakistan, it is much more than that. It is an economic challenge. It is a development challenge. It is a challenge for our infrastructure, our agriculture, our cities, our energy systems, and, ultimately, for the livelihoods of our people. The role of government, therefore, is increasingly about creating the conditions in which private capital can invest with confidence.”
Alison Blackburne, British Deputy High Commissioner in Karachi, said the UK’s climate partnership with Pakistan is increasingly focused on mobilising climate finance, strengthening adaptation and resilience, and supporting the policy and institutional systems needed for implementation.
She said, “The UK-Pakistan Green Compact, which we signed with the Government of Pakistan last December, provides the wider partnership framework, bringing together climate and clean-energy, finance, policy dialogue, private investment, green skills and international cooperation.”
The 2026 cohort includes two businesses in agriculture, forestry and other land use. A.S. Enterprises converts agricultural stubble into bio-coal, while TrashIt turns organic waste and crop residue into microbe-enriched compost.
In waste management and the circular economy, Sahara Recycling runs integrated waste recycling parks for municipal solid waste. Waste Busters JV EnterTech manages organic waste using Black Soldier Fly technology.
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Three businesses work in clean energy and energy transition. Biowaste Energy Ventures Ltd runs a biomethane and waste-to-energy platform, GoSeedIT offers pay-as-you-go solar for underserved mid-market customers, and BioEnergy Solution Pvt. Ltd makes biomass fuel pellets from agricultural and organic waste.
In building and construction, EcoEdge AI offers sensor and AI-driven building energy optimisation. In e-mobility, BusCaro runs an urban mobility platform for commuters and transport suppliers, and Daewoo Express operates an electric bus fleet with charging infrastructure.
Vardah Malik, Team Lead of CFA Pakistan, who led the programme’s capacity-building cycle with the cohort, said, “Today is about connecting investor-ready Pakistani climate businesses with the investors who can fund them, and about turning those conversations into lasting partnerships.”
If the latest businesses secure investment, their work could reduce pollution, create jobs, improve waste management and expand access to cleaner energy and transport.
Managing Editor at Global News Pakistan (GNP), with a Bachelor's degree in International Relations from Riphah International University, graduated with a Gold Medal. Reach out at sabahtareengnp@gmail.com
