{"id":6364,"date":"2026-10-30T13:54:23","date_gmt":"2026-10-30T08:54:23","guid":{"rendered":"https:\/\/spinpk.com\/?p=6364"},"modified":"2026-10-30T13:54:23","modified_gmt":"2026-10-30T08:54:23","slug":"karandaaz-pakistan-secures-accred","status":"publish","type":"post","link":"https:\/\/spinpk.com\/index.php\/2026\/10\/30\/karandaaz-pakistan-secures-accred\/","title":{"rendered":"Karandaaz Pakistan Secures Accreditation with the Green Climate Fund (GCF) to Accelerate Climate Finance as a Direct Access Entity"},"content":{"rendered":"<div class='booster-block booster-read-block'>\n                <div class=\"twp-read-time\">\n                \t<i class=\"booster-icon twp-clock\"><\/i> <span>Read Time:<\/span>2 Minute, 19 Second                <\/div>\n\n            <\/div><p>Karandaaz Pakistan has joined the Green Climate Fund\u2019s (GCF) global partnership network following its official accreditation by the GCF Board at its 46th Board Meeting (B.46) in Songdo, Republic of Korea.<\/p>\n<p>This accreditation enables Karandaaz to access, blend, and channel global climate finance directly toward high-impact climate finance initiatives across Pakistan that link directly with Nationally Determined Contributions, the National Adaptation Plan and Pakistan\u2019s Green Taxonomy. As a national impact investment platform, Karandaaz will leverage this partnership to mobilise private capital, de-risk climate-smart investments, and support vulnerable sectors disproportionately impacted by climate volatility.<\/p>\n<p>Pakistan remains among the world\u2019s most climate-vulnerable nations, requiring significant mobilisation of international and domestic resources to achieve its climate targets and build long-term economic resilience. Direct Access accreditation is a vital institutional mechanism, ensuring that climate financing decisions align closely with national priorities, local economic structures, and market needs.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_88 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/spinpk.com\/index.php\/2026\/10\/30\/karandaaz-pakistan-secures-accred\/#Achala_Abeysinghe_Director_of_the_Green_Climate_Funds_Department_of_Investment_Services_said\" >Achala Abeysinghe, Director of the Green Climate Fund\u2019s Department of Investment Services, said:<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/spinpk.com\/index.php\/2026\/10\/30\/karandaaz-pakistan-secures-accred\/#Waqas_ul_Hasan_Chief_Executive_Officer_of_Karandaaz_Pakistan_stated\" >Waqas ul Hasan, Chief Executive Officer of Karandaaz Pakistan, stated:<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Achala_Abeysinghe_Director_of_the_Green_Climate_Funds_Department_of_Investment_Services_said\"><\/span><strong>Achala Abeysinghe, Director of the Green Climate Fund\u2019s Department of Investment Services, said:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><em>\u201cKarandaaz Pakistan brings strong knowledge of local financial markets to GCF\u2019s partnership network. Together, we can expand climate finance for businesses and financial institutions supporting Pakistan\u2019s low-emission, climate-resilient development. GCF is committed to working with national institutions that can strengthen local markets, mobilise private investment and channel finance to solutions that respond to country priorities.\u201d<\/em><\/p>\n<p>Over the past decade, Karandaaz has positioned itself at the forefront of Pakistan&#8217;s green transition by bridging financing gaps for high-impact, climate-smart interventions. Through growth equity, debt and blended finance facilities, the organisation has enabled micro, small, and medium-sized enterprises (MSMEs) to adopt resource-efficient technologies, scale clean energy solutions, and build climate resilience. By pioneering market-level de-risking and driving innovation in underserved sectors, Karandaaz has demonstrated that access to finance and climate action are intrinsically linked. This track record ensures that international climate finance is effectively mobilised to protect vulnerable communities, generate green jobs, and support Pakistan\u2019s national climate commitments.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Waqas_ul_Hasan_Chief_Executive_Officer_of_Karandaaz_Pakistan_stated\"><\/span><strong>Waqas ul Hasan, Chief Executive Officer of Karandaaz Pakistan, stated:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><em>\u201cSecuring accreditation with the Green Climate Fund marks a transformative chapter in our institutional journey. It is great news for green financing in Pakistan. We need to develop deep institutional ties with global financing facilities for sustainable and climate-resilient growth in our country. Direct Access accreditation enables Karandaaz to structure scalable and viable climate interventions, bridge critical liquidity bottlenecks for enterprise development, and catalyse private sector capital toward Pakistan\u2019s national climate agenda. We look forward to working with partners to develop a robust pipeline.&#8221;<\/em><\/p>\n<p>With this accreditation, <a href=\"https:\/\/spinpk.com\/index.php\/2026\/10\/28\/payoneer-pakistan-awards-2026\/\">Karandaaz<\/a> joins GCF\u2019s global network of direct access entities, strengthening <a href=\"https:\/\/bnews99.com.pk\/index.php\/2026\/10\/29\/qist-bazaar-marks-five-years-of-rewriting-the-rules-of-retail-and-financial-inclusion-in-pakistan\/\" target=\"_blank\" rel=\"noopener\">Karandaaz<\/a> and Pakistan&#8217;s institutional capacity to originate and implement complex, bankable climate programs in partnership with the private sector and development partners.<\/p>\n        <div class=\"booster-block booster-reactions-block\">\n            <div class=\"twp-reactions-icons\">\n                \n                <div class=\"twp-reacts-wrap\">\n                    <a react-data=\"be-react-1\" post-id=\"6364\" class=\"be-face-icons un-reacted\" href=\"javascript:void(0)\">\n    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   <\/div>\n                <\/div>\n\n            <\/div>\n        <\/div>\n\n    ","protected":false},"excerpt":{"rendered":"<p>Karandaaz Pakistan has joined the Green Climate Fund\u2019s (GCF) global partnership network following its official accreditation by the GCF Board at its 46th Board Meeting (B.46) in Songdo, Republic of Korea. This accreditation enables Karandaaz to access, blend, and channel global climate finance directly toward high-impact climate finance initiatives across Pakistan that link directly with&#8230;<\/p>\n","protected":false},"author":1,"featured_media":6365,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_kad_post_transparent":"default","_kad_post_title":"default","_kad_post_layout":"default","_kad_post_sidebar_id":"","_kad_post_content_style":"default","_kad_post_vertical_padding":"default","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_kad_post_classname":"","footnotes":""},"categories":[7],"tags":[263],"class_list":["post-6364","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-karandaaz-pakistan"],"_links":{"self":[{"href":"https:\/\/spinpk.com\/index.php\/wp-json\/wp\/v2\/posts\/6364","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/spinpk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/spinpk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/spinpk.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/spinpk.com\/index.php\/wp-json\/wp\/v2\/comments?post=6364"}],"version-history":[{"count":1,"href":"https:\/\/spinpk.com\/index.php\/wp-json\/wp\/v2\/posts\/6364\/revisions"}],"predecessor-version":[{"id":6366,"href":"https:\/\/spinpk.com\/index.php\/wp-json\/wp\/v2\/posts\/6364\/revisions\/6366"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/spinpk.com\/index.php\/wp-json\/wp\/v2\/media\/6365"}],"wp:attachment":[{"href":"https:\/\/spinpk.com\/index.php\/wp-json\/wp\/v2\/media?parent=6364"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/spinpk.com\/index.php\/wp-json\/wp\/v2\/categories?post=6364"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/spinpk.com\/index.php\/wp-json\/wp\/v2\/tags?post=6364"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}