Project technology will thematically qualify if it contributes to environmental sustainability, reduce carbon emissions, conserve resources, or positively impact the environment. Additionally, solutions that facilitate green transition, converting existing practices into environmentally sustainable alternatives, are also eligible.
Your proposed solution should contribute to at least one International Climate Finance (ICF) result. If you’re unsure, feel free to reach out for clarification.
GreenFin Innovations offers blended finance in the form of concessional loans up to PKR 50 million. The funding size will vary depending on the nature and scale of the project. Specific funding details and terms will be provided during the application process.
The eligibility criteria include the alignment of your project with environmental sustainability, and its potential for addressing climate change challenges. Sustainability and commercial viability of the solutions will be of key interest. To qualify for the GreenFin Innovations program, projects must meet the following criteria:
- The business must be domiciled in Pakistan and should be a registered entity with valid National Tax Number (NTN), operating under applicable laws of Pakistan
- The business or proposed solution must address climate change issues in adaptation, mitigation, or cross cutting thematic areas.
- The business or proposed solution must contribute to at least one International Climate Finance (ICF) result, as defined by the ICF Key Performance Indicators.
The application process involves filling out an online application form. We encourage you to review the specific requirements and submit all necessary documentation.
Yes, you are welcome to reapply if your application is not initially accepted, after incorporating any feedback or suggestions from the programme team.
Yes, Karandaaz requires periodic reporting to track implementation progress and monitor key achievements, risks, and challenges. Complete information and reporting templates will be provided to the successful applicants.
For any additional questions or assistance, please feel free to contact our team on gfi@karandaaz.com.pk.
