· · 2 sources ·Updated

Pakistan launches $10 million fund for clean-air startups at national conference

Federal Minister for Climate Change Musadik Malik announced plans for a new $10 million fund to support clean-air startups in Islamabad on Wednesday.

Pakistan announces $10 million clean-air startup fund
File photo Pakistan announces $10 million clean-air startup fund Photo: Business Recorder

Fund approval expected soon

The government intends to create this resource from its own limited finances after consulting development partners. Board members are scheduled to review the proposal the day following the announcement.

Pollution costs hit economy hard

Malik stated that air pollution imposes an economic burden equal to 6.5 percent of the nations gross domestic product. This financial pressure comes from illness and hospitalisation costs that fall most heavily on families with few resources.

Vulnerable groups face highest risk

Children, street vendors, and farmers remain exposed to harmful air while wealthier households can afford protective measures. The minister noted that agricultural practices contribute to pollution even as those communities suffer the resulting health consequences.

All 2 outlets report consistently

No differences in figures, names or dates across these reports.

  • Business Recorder
  • Dawn

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2 independent outlets. Headlines as published. Links open the original report.