Pakistan launched the Climaventures project by the National Rural Support Program (NRSP) with a $50 million investment.
The initiative aims to attract private investment in climate enterprises and support climate-focused entrepreneurs.
Climaventures secured $25 million funding commitment from the Green Climate Fund (GCF), providing technical advice, grants, and equity to climate startups.
The project highlights the collaboration between public and commercial sectors to address climate concerns and increase funding for climate innovation.