ISLAMABAD, JUN 8: /DNA/ – Eleven Pakistani businesses have been selected for the 2026 cohort of Climate Finance Accelerator (CFA) Pakistan, a UK-funded programme helping climate-focused businesses access investment and scale solutions that support Pakistan’s low-carbon transition. The programme has supported more than 230 projects globally, unlocking over US$500 million in investment to date, including up to US$40 million in Pakistan.

The businesses were selected for their potential to deliver climate impact while supporting Pakistan’s low-carbon transition across energy, transport, waste and circular economy, agriculture, buildings and construction, and financial inclusion.

The programme forms part of the UK’s wider support for climate resilience, green growth and private sector investment in Pakistan.

British High Commissioner, Jane Marriott CMG OBE, said:

“Pakistan is highly vulnerable to climate change, but it also has the talent and ideas to lead climate innovation. Through the Climate Finance Accelerator, the UK is helping promising Pakistani businesses turn ambition into investment – backing jobs, growth and a cleaner, more resilient future.”

Each business will receive up to five months of group and one-to-one support from financial, technical and gender equality, disability and inclusion experts to help increase their chances of securing investment. They will also pitch their projects at an event for climate investors to be held in October 2026, building their network of potential financiers and receiving tailored technical feedback.

Since launching in 2022, CFA Pakistan has supported 22 projects towards commercial deal-making, mobilising around US$40 million in investment, including for Davaam Life, Shams Power, Concept Loop and National Foods.

The selected businesses are: Go Seed IT Pvt. Ltd., Biowaste Energy Ventures Pvt. Ltd., Bioenergy Solution Pvt. Ltd., A.S. Enterprises, Trash It, Sahara Recycling Pvt. Ltd., Waste Busters Pvt. Ltd. / EnterTech Labs Pvt., EcoEdge AI, Daewoo Pakistan Express Bus Service Limited, Buscaro Technologies Holding PTE LIMITED, and Akhuwat Islamic Microfinance.

Vardah Malik, Team Lead at Climate Finance Accelerator said:

“We are delighted to welcome the first cohort of the Climate Finance Accelerator (CFA) Pakistan. The selected businesses showcase the depth of climate innovation emerging across the country and represent a strong mix of startups and growth-stage enterprises operating in sectors critical to Pakistan’s sustainable development and climate transition. Through tailored technical assistance on finance, climate and environmental management, and GEDSI, we will support these companies in strengthening their investment readiness and scaling their impact. We are grateful for the support of the UK Government in helping unlock opportunities for innovative businesses that can drive both economic growth and climate action in Pakistan.”

ENDS

For media enquiries, please contact:    

• Aliza Habib, Communications Lead, CFA
• Email: [[email protected]], LinkedIn: https://www.linkedin.com/in/alizasyed/]
• CFA Global: LinkedIn: www.linkedin.com/company/climate-finance-accelerator-cfa,
• Website: www.climatefinanceaccelerator.com

NOTES TO EDITORS:

About Climate Finance Accelerator 

• The Climate Finance Accelerator (CFA) is a technical assistance programme funded by International Climate Finance (ICF), through the UK Government’s Department for Energy Security and Net Zero (DESNZ). The CFA is implemented in ten countries (in addition to Pakistan, it operates in Colombia, India, Indonesia, Kenya, Malaysia, Mexico, Vietnam, South Africa and Thailand) and is working to develop a sustainable pipeline of bankable, low carbon projects in each country. The CFA is part of the UK’s efforts to support climate action on a global scale, facilitating access to finance and helping governments achieve climate targets under the Paris Agreement. 
• The global CFA programme is delivered by PwC UK. CFA in Pakistan is implemented by DAI.

About DAI 

• DAI is a leading global development company. Since 1970, DAI has worked in more than 150 countries- from stable societies and high-growth economies to challenging environments. DAI works with national and local governments, bilateral and multilateral donors, private sector companies, philanthropic institutions, and academia. DAI is known for its technical excellence, innovation, and quality of work. DAI’s line of business cover the full spectrum of development disciplines including Health, Education, Climate Change, Trade, Governance, Sustainable Business & Economic Growth. 
• To find out more about DAI Global please visit: https://www.dai.com

About Selected Businesses

1. Go Seed IT Pvt. Ltd: Pay-As-You-Go solar provider making clean energy accessible to mid-market customers with no upfront costs and built-in fraud controls.
2. Biowaste Energy Ventures Ltd. (BEVL): An integrated waste-to-energy platform converting animal manure and crop residue into biomethane, bio-pellets, organic soil enhancers and biogenic CO₂, with biogas supplied to industrial users.
3. Bioenergy Solution Pvt. Ltd: A biomass energy producer that aggregates agricultural and organic waste from rural communities and converts it into fuel pellets that replace coal, LPG, natural gas and furnace oil in food processing, textile and paper mill applications.
4. A.S. Enterprises: A clean fuel producer that converts agricultural stubble into Bio-Coal using portable kilns, providing a local renewable alternative to industrial coal for the textile and steel sectors.
5. Trashit: A climate adaptation social enterprise that converts organic waste, food waste and crop residues into microbe-enriched compost through aerobic composting, restoring degraded soils and supporting climate-resilient farming.
6. Sahara Recycling Pvt. Ltd: An integrated waste management company that develops Integrated Recycling Parks designed to process approximately 500 tons of waste per day  including plastics, organic waste, textiles and hygiene waste producing recycled feedstock and compost.
7. Waste Busters Pvt. Ltd. / EnterTech Labs Pvt.: A joint venture that converts organic waste into high-value agricultural products using Black Soldier Fly larvae (BSF), diverting waste from municipal landfills.
8. EcoEdge AI: An energy optimisation company that uses sensors, IoT devices and machine learning to automatically reduce power consumption in buildings and industrial facilities in real time.
9. Daewoo Pakistan Express Bus Service Limited: Pakistan’s leading mass-transit operator that is replacing 200 diesel buses with electric vehicles across 15+ short routes, transitioning over 7 million annual passengers to zero-emission travel.
10. BusCaro Technologies: A tech-led urban mobility platform that shifts daily commuters from private cars and motorbikes into high-capacity vehicles, with a focus on safe and reliable transport for women and children.
11. Akhuwat Islamic Microfinance: A Shariah-compliant green financing facility that provides interest-free loans through Akhuwat’s branch network for household solar systems, climate-smart agriculture and rainwater harvesting, targeting low-income households, farmers and water-stressed communities.