ISLAMABAD: Pakistan is working on launching a $250 million Green Impact Fund (GIF) to channel international commitments meant for climate change to finance green micro and small enterprises (MSMEs) in the country. The plan proposed by Karandaaz — a non-profit firm drawing funds from international donors — came under... read full story

"This fund would offer concessional loans, equity with first-loss guarantees, and technical assistance, drawing support from global climate financing sources, commercial institutions, and public or donor funding"

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