The UK Climate Finance Accelerator Pakistan (CFA) is calling on Pakistani climate projects to apply for tailored support. Financed by the UK Government, CFA offers personalized assistance covering financial, gender equality, and social inclusion aspects. The goal is to enhance project proposals, increasing their appeal to investors for securing funding.
CFA Pakistan seeks projects at least in the pre-feasibility stage, requiring a minimum investment of $4 million USD. Applications must be submitted by May 31, 2024, via the CFA Pakistan website. Support includes refining financial models, guidance on investor presentations, and integration of gender equality and social inclusion (GESI) principles into business strategies.
British High Commissioner Jane Marriott CMG OBE stated:
“Pakistan hosts innovative solutions to combat climate change. However, financial access and regulatory compliance often pose challenges. The UK Climate Finance Accelerator provides essential expertise to empower low-carbon innovators for sustainable business success.”
The Climate Finance Accelerator (CFA) is a £12 million technical assistance program funded by the UK Government’s Department for Energy Security and Net Zero. The government has allocated up to £40 million to extend the CFA program until 2029, supporting approximately 800 low-carbon projects across Asia, Latin America, and Africa.