KARACHI, OCT 28 /DNA/ – Ten Pakistani businesses are seeking a combined US$51 million over the next 12 months to scale up practical climate solutions, following specialist support from the UK Government.
The businesses, operating across cleaner energy, transport, construction, farming and waste sectors, strengthened their investment proposals with UK-funded technical and financial advice before presenting them directly to investors, banks and development finance institutions at a two-day roadshow in Karachi on 27 and 28 October.
The Climate Finance Accelerator (CFA) Pakistan Investor Roadshow connected the ten businesses — spanning agriculture and land use, waste and circular economy, clean energy, building and construction, and e-mobility — with potential investors. Together, the cohort has a three-year investment pipeline worth US$120 million.
CFA Pakistan, implemented by DAI on behalf of the UK Government, provided each business with 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 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.
Alison Blackburne, British Deputy High Commissioner 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.
“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,” she said.
Syed Nasir Hussain Shah, Minister to the Government of Sindh for Local Government & Housing Town Planning, reaffirmed the government’s commitment to working with the private sector and development partners to mobilise finance for climate action.
“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,” he said. “The role of government, therefore, is increasingly about creating the conditions in which private capital can invest with confidence.”
Vardah Malik, Team Lead for CFA Pakistan, who has 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.”
The 2026 cohort includes A.S. Enterprises (agricultural stubble converted to bio-coal) and TrashIt (organic waste and crop residue to microbe-enriched compost) in the agriculture, forestry and other land use category; Sahara Recycling (integrated waste recycling parks for municipal solid waste) and Waste Busters JV EnterTech (organic waste management using Black Soldier Fly technology) in waste management and circular economy; Biowaste Energy Ventures Ltd (biomethane and waste-to-energy platform), GoSeedIT (pay-as-you-go solar for underserved mid-market customers) and BioEnergy Solution Pvt. Ltd (biomass fuel pellets from agricultural and organic waste) in clean energy and energy transition; EcoEdge AI (sensor and AI-driven building energy optimisation) in building and construction; and BusCaro (urban mobility platform for commuters and transport suppliers) and Daewoo Express (electric bus fleet and charging infrastructure) in e-mobility.
Since 2022, the UK-funded programme has supported 22 projects in Pakistan and helped mobilise US$40 million for climate projects. If the latest businesses secure investment, their work could reduce pollution, create jobs, improve waste management and expand access to cleaner energy and transport.
