Pakistan: Pakistan has launched Climaventures to attract private investment in climate ventures. Unveiled in Islamabad, this groundbreaking 50 million dollars project is a pioneering initiative led by the National Rural Support Programme. With a core 25 million dollars funding commitment from the Green Climate Fund, Climaventures aims to address Pakistan’s funding gaps for sustainable solutions by offering technical guidance, grants, and equity for climate-focused startups.

According to Radio Pakistan, Minister for Planning, Development, and Special Initiatives, Ahsan Iqbal, praised Climaventures’ groundbreaking approach via a video address, calling it pivotal for enhancing our capital landscape.