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Govt Launches $50M ‘Climaventures’ to Power Climate Investments

  • 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.

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