It's always lovely to welcome new projects into the CFA family and we're delighted to introduce twelve exciting new projects in Pakistan.
The #CFAPakistan team is already working hard alongside these projects to help them move closer to finding investment. The seven projects selected for our core cohort are:
Ahya – offering an AI-powered platform for emission measurement and reduction, with a digital carbon marketplace, aiming to significantly reduce CO2 emissions.
Five Star Foods - establishing a state-of-the-art facility to produce Recycled Polyethylene Terephthalate (R-PET) resin. The initiative reduces the need for virgin plastic, conserves natural resources, and lowers the carbon footprint of plastic production.
Go Energy – building a 500MW floating solar project in Keenjhar Lake. It will generate clean energy, create thousands of jobs, and boost regional economic growth while reducing fossil fuel dependence and improving air quality in Pakistan.
National Rural Support Programme - the Biochar Project will convert agricultural waste into biochar, enhancing soil health and boosting crop yields. This initiative reduces reliance on synthetic fertilizers, promotes environmental sustainability by sequestering carbon and lowers greenhouse gas emissions.
Pakistan Environment Trust - is pioneering Pakistan's first at-scale, sustainable biomass supply chain, transforming agricultural waste into a clean energy source for industries.
Quintech Sciences - aims to introduce Quintech's bio-detergents to European consumers, focusing on eco-conscious, health-conscious, and general consumer segments.
VLEKTRA – with vehicles designed for the country’s tough road conditions Vlektra aims to revolutionize environmentally friendly mobility by enhancing production capacity of their zero-emission electric motorcycles.
For the first time in Pakistan we are also supporting five additional projects that make up an early stage cohort:
Carbon Craft - afforesting 4,000 hectares of land initially, and 35,000 hectares by 2030. It will generate revenue through project management fees, carbon credits, and sustainable agriculture.
CarbonZero Ventures - transitioning low-income village families to eco-friendly cooking methods by distributing free stoves and LPG cylinders.
ECCIDE Consultancy - rehabilitating 24,000 hectares of rangeland in Sindh, focusing on sustainability, ecotourism, agroforestry and social inclusion.
ECCIDE Consultancy - promoting sustainable cooking to cut indoor pollution and emissions in Malakand, Pakistan.
Pakistan Environment Trust - focusing on afforestation and carbon credit generation to boost the local economy, benefiting 7,000 households.
DAI, British High Commission in Pakistan #climatefinance
Great to be collaborating Sabancı Building Solutions! Starting small with this bench, we hope to soon develop many more projects together. 🧱