UK Supports Pakistani Climate Businesses Seeking US$51 Million in Investment

KARACHI (Special Correspondent) – Ten Pakistani businesses are actively seeking a combined US$51 million in investment over the next 12 months to scale practical climate solutions, following intensive specialist support provided by the UK Government. These enterprises, which focus on sectors including clean energy, transport, construction, agriculture, and waste management, presented their refined proposals to a gathering of investors, banks, and development finance institutions during the Climate Finance Accelerator (CFA) Pakistan Investor Roadshow held on 27 and 28 October 2026. The programme, implemented by DAI on behalf of the UK Government, provided these firms with technical, financial, and social inclusion guidance to bolster their market readiness. Between 2022 and 2024, the initiative successfully supported 22 projects in Pakistan, helping to mobilise US$40 million in climate-related investment. The current cohort is part of a larger three-year investment pipeline valued at approximately US$120 million. Addressing the roadshow, Alison Blackburne, the British Deputy High Commissioner in Karachi, stated that the UK’s climate partnership with Pakistan is increasingly focused on mobilising private finance and strengthening the institutional systems required for sustainable implementation. She highlighted the significance of the UK-Pakistan Green Compact, signed in December 2025, which serves as the overarching framework for climate and clean-energy cooperation. Syed Nasir Hussain Shah, Minister to the Government of Sindh for Local Government and Housing Town Planning, welcomed the delegates on behalf of the provincial government. He emphasized that for Pakistan, climate change represents a multifaceted economic and developmental challenge rather than purely an environmental one. According to the minister, the government’s priority is to foster conditions where private capital can be deployed with confidence. The 2026 cohort includes various innovative entities such as A.S. Enterprises, which converts agricultural stubble to Bio-Coal, and e-mobility firms like BusCaro and Daewoo Express, which are focusing on urban transit platforms and electric bus infrastructure. Other notable participants include EcoEdge AI for building energy optimisation and Sahara Recycling for municipal waste management. Vardah Malik, Team Lead for CFA Pakistan, noted that the initiative remains committed to turning conversations between businesses and investors into long-term partnerships. The programme, funded by the UK’s Department for Energy Security and Net Zero (DESNZ), continues to facilitate the development of a sustainable, bankable pipeline of low-carbon projects across ten countries, reinforcing the UK’s global commitment to the Paris Agreement objectives.