Pakistan pitches multi-billion dollar climate investment portfolio at UN

The Government of Pakistan unveiled a diversified portfolio of climate-resilient investments worth $2.84 billion at the UN SDG Investment Fair 2023, held in New York on 18th - 20th April. At the event, Pakistan also launched its first-ever SDG Investor Map 2023 - a dynamic impact intelligence tool that identifies market-specific investment opportunities for SDG-aligned capital deployment, backed by country data and evidence.

 

Pakistan Federal Secretary Finance, Mr. Hamed Yaqoob Sheikh, and UNDP Pakistan Senior Advisor Financing for Development, Mr. Haroon Sharif, presented the portfolio, curated in partnership with UNDP. The portfolio comprises of a private placement and asset-backed climate bond ($1.5 billion), support to the microfinance sector for lending to the most vulnerable ($487 million), a proposed financial sector alliance for climate financing ($500 million), and a select portfolio of green private sector projects ($356 million).