Islamabad: The government has launched the Climate Ventures project with the assistance of the Special Investment Facilitation Council (SIFC). This initiative involves an investment of fifty million dollars aimed at fostering climate-related innovations through technical guidance, grants, and equity support for startups.

According to Radio Pakistan, the project is designed to boost private sector investment in tackling climate-related challenges within Pakistan. By offering financial and technical resources, the initiative seeks to empower startups to develop sustainable solutions and encourage further investment in the country’s green economy.