Pakistan

The Climate Finance Accelerator in Pakistan

CFA Pakistan is led by our delivery partner DAI. CFA Pakistan closed its fourth call for proposals in February 2026. Businesses that have been selected to join the cohort will be announced later in the year.

Pakistan’s climate landscape is defined by high vulnerability and low emissions - contributing less than 1% of global greenhouse gas emissions yet ranks one of the most-climate affected countries globally. Rising temperatures have intensified heatwaves, accelerated glacial melt, while increasingly erratic monsoons have led to devastating floods - most notably the 2022 floods which affected 33 million people and caused around USD 40 billion in losses. In recent years, Pakistan's climate investment landscape is expanding in response to these escalating climate risks.

These factors are driving demand for solutions across resilient infrastructure, water security, renewable energy, climate-smart agriculture. While innovation and project origination are increasing, climate investments remain constrained by weak project bankability, fragmented regulatory and institutional frameworks, as well as heightened macroeconomic risks. As a result, investor interest, particularly from Development Finance Institutions and impact investors, has yet to translate into sufficient capital deployment at scale.

CFA Pakistan responds to these constraints by strengthening project design and financial structuring, de-risking early-stage investments, and linking high-potential projects with appropriate sources of concessional and commercial finance to build a durable pipeline of investable climate solutions.

Since its inception in 2022, CFA Pakistan has supported 22 projects with a collective investment mobilization value of approximately USD 40 million, helping them advance toward commercial deal-making. Alumni include Davaam Life, Concept Loop, National Foods with businesses receiving our support for their low carbon projects in waste management, renewable energy, transportation, AFOLU and others.

Our engagement has enhanced institutional capacity and improved investor preparedness, supporting Pakistan’s progress towards its climate commitments under the NDCs. We have also helped to advance national development priorities such as resilience, clean energy transition, and inclusive growth.