Finance, climate investment promotion: PSX partners with UK’s MOBILIST

According to Business Recorder, the Pakistan Stock Exchange has partnered with the UK's MOBILIST programme to draw private money into sustainable development and climate projects through listed products. Under the arrangement, MOBILIST will work alongside the exchange's issuers and market intermediaries to find products that qualify for its support. The focus is on initial public offerings and new listed instruments tied to sustainable development.

MOBILIST offers equity funding, technical help and advisory support for eligible deals in emerging and developing economies, and it invests in listed products to channel private capital toward sustainable goals. The programme also researches capital raising through public markets to encourage other investors to follow similar routes. Deputy High Commissioner Alison Blackburne said the UK was working with PSX to direct private funds toward climate and development work in emerging markets, Pakistan included.

Managing Director Farrukh H. Sabzwari said the tie-up could open the capital market to companies looking to list in Pakistan. He explained that eligible firms could receive equity investment, technical assistance, advisory help and greater visibility while preparing to list on PSX. He added that the collaboration could widen fundraising options for environmentally focused companies. PSX also said it would support local projects matching the SDGs and net-zero goals.