US Envoy inaugurates Cleantech Investment Roadshow in Karachi

Diplomatic CircleUS Envoy inaugurates Cleantech Investment Roadshow in Karachi

KARACHI, Pakistan: The US Ambassador to Pakistan Donald Blome on Wednesday inaugurated the second Investment Roadshow, supported by the US Agency for International Development (USAID).

As many as 14 innovative companies in the clean technology sector showcased their work at the roadshow, promoting private sector investment in sustainable and viable clean energy solutions.

Organized by the USAID-funded Pakistan Private Sector Energy (PPSE) Project, the event sought to catalyze investment in commercially viable clean energy projects and help businesses access critical financing.

Since its inception, PPSE has mobilized over US$ 30 million for projects focused on clean energy, e-mobility, and energy efficiency.US Envoy inaugurates Cleantech Investment Roadshow in Karachi

“Expanding clean energy requires a supportive environment, which is why the United States continues to work with Pakistan on developing a stronger investment climate,” said Ambassador Donald Blome, adding that “investing in clean energy and low-carbon technologies is crucial for Pakistan to achieve its renewable energy goals.”

The Sindh Secretary for Environment, Climate Change, and Coastal Affairs Dr. Nabeela Umer echoed Ambassador Blome’s remarks, emphasizing the importance of U.S. support for Pakistan’s energy transition. “We wholeheartedly welcome the efforts by the United States to support our energy sector transition,” she said, noting “this roadshow is a vital platform for showcasing the critical need for increased investment in scaling up clean energy companies. We are grateful to the organizers for uniting the government, private sector, and financiers to highlight the innovative work the innovative work companies in Pakistan are doing to reduce emissions.”

The 14 participating companies presented prototype models and pitched their innovative solutions to a diverse group of investors and financiers.

Mati
Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

Must read

Recent News

State Bank of Pakistan releases coin to commemorative 555th birth anniversary of Baba Guru Nanak

State Bank of Pakistan releases coin to commemorative 555th birth anniversary of Baba Guru...

0
Karachi, Pakistan: The State Bank of Pakistan has released coin worth Rs 55 to commemorate the 555th birth anniversary of Baba Guru Nanak.On the...
Punjab Government created a trench at Haro River Bridge so PTI procession from Peshawar could not enter Islamabad

PTI Protest Call: Despite road blockades, PTI workers move on towards Islamabad

0
Monitoring Desk: Despite road blockades, worker arrests, and a police crackdown, followers of Tehreek-e-Insaf (PTI) are moving fast towards Islamabad for a protest on...
37 Brigadiers of Pakistan Army promoted as Major Generals

CTD Punjab claimed to kill three TTP terrorists near Rawalpindi

0
Rawalpindi, Pakistan: The Counter Terrorism Department (CTD) of Punjab killed three TTP terrorists (officially known as Khawaji) at Chakri, 30 km away from the...
Ukraine to receive 500,000 artillery shells by yearend from Czech Republic Monitoring Desk: In dire need to counter Russian aggression, Ukraine will receive 500,000 shells of various calibers by the end of this year from Czech Republic, reports Ukrinform. Referring to announcement of Czech Foreign Minister Jan Lipavský, Ukrinform reports that Czech Republic will continue to provide support to Ukraine to repel and stop Russian aggression. "As you know, my country has launched an initiative on ammunition. By the end of the year, 500,000 large-caliber shells will be delivered. We will not stop there. We will continue to provide the Armed Forces of Ukraine with the necessary support," the Czech Foreign Minister emphasized.

Ukraine to receive 500,000 artillery shells by yearend from the Czech Republic

0
Monitoring Desk: In dire need to counter Russian aggression, Ukraine will receive 500,000 shells of various calibers by the end of this year from...

PTI Protest Updates: Bushra Bibi stays away from protest

0
Islamabad, Pakistan: Owing to the fear of arrest, former first lady Bushra Bibi has decided to avoid the PTI protest on November 24. She...
Advertisement