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Climate-friendly report can attract huge investment, moot told

Business Recorder • • 1 min read

Climate-friendly report can attract huge investment, moot told

Pakistan could draw as much as $120 million into climate-related projects over the coming three years, Business Recorder reported, as officials and private businesses seek ways to finance lower-emission development. The figure was discussed in Karachi during a gathering organised by Climate Finance Accelerator Pakistan, where 10 local enterprises spanning five sectors presented projects to prospective funders.

Sindh Environment Secretary Faisal Ahmed Uqaili said the province had sent 13 carbon-market proposals to the federal government; together, these are estimated to cut emissions by 330.13 million tonnes. Separately, Sindh has outlined six priority initiatives costing a combined $62.15 million, including biogas schemes in five districts. Participants also discussed the need for policy improvements, stronger project preparation and better financing channels, while the province is working on a climate registry and emissions-monitoring dashboard. The projected investment is an opportunity rather than a confirmed funding commitment, with delivery dependent on investor interest, project readiness and supportive arrangements.

At a glance

  • Climate projects could attract up to $120 million over three years.
  • Sindh forwarded 13 carbon-market proposals to the federal government.
  • Six priority projects are estimated to cost $62.15 million.

Originally reported by Business Recorder

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