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Green Climate Fund Projects

Acumen Climate Action Pakistan Fund

Gender action plan for FP229: Acumen Climate Action Pakistan Fund

Gender assessment for FP229: Acumen Climate Action Pakistan Fund

Project Approved

Under Implementation

As one of the top ten countries most vulnerable to climate change, Pakistan faces considerable climate-related risks. This vulnerability is further intensified by the country's strong dependence on agriculture. Rising temperatures and extreme weather events are projected to diminish yields, disrupt growing seasons, exacerbate crop losses, and constrain market access. This poses significant challenges, especially for smallholder farmers who make up 90 per cent of the agricultural workforce. These farmers lack the resources to adapt to climate risks, making them highly vulnerable and threatening the country's food security. 

The Acumen Climate Action Pakistan (ACAP) Fund aims to establish a USD 80 million climate adaptation-focused investment fund in Pakistan, providing patient capital to agribusinesses. The fund's goal is to improve the climate resilience of vulnerable farmers and their livelihoods by providing access to climate adaptation solutions for smallholder farmers. Additionally, a USD 10 million Technical Assistance envelope will provide targeted support to improve the viability of business models of investee companies and build overall climate resilience of smallholder farmers and the ecosystem. The project seeks to demonstrate a commercially viable business model, improve farmers' climate adaptive capacity, and catalyse capital towards Pakistan's national climate adaptation priorities in the vulnerable agriculture sector.

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An aim to achieve a quantifiable outcome within a given time-frame, set by an institution such as a national government.

Policy instruments are techniques or tools used by governing authorities to promote certain policies in order to achieve predetermined goals. Put simply, instruments are how a government tries to achieve its goals, with this taxonomy being focused on national policy instruments.

Risk is the potential for adverse consequences resulting from the dynamic interplay between (climate-related) hazards, exposure, and vulnerability of affected human or ecological systems.

Groups  of people who are adversely affected by climate change or the response to it

A set of principles, processes, and practices that build economic and political power to shift from an extractive economy to a regenerative economy.

Renewable energy means all forms of energy produced from renewable sources in a sustainable manner.

Fossil fuel is a generic term for non-renewable energy sources such as coal, fossil gas, and oil (including crude oil, and petroleum products), that can be used for electricity and heat generation. Fossil fuels are hydrocarbons formed from pressurised and heated organic material buried over millions of years.

Molecules in the atmosphere that play a key role in the greenhouse effect by trapping heat radiating from Earth’s surface.

Area of the economy in which actors engage in identical or related activities.

In human systems, the process of adjustment to actual or expected climate change and its effects, in order to moderate harm, increase resilience or exploit beneficial opportunities. In natural systems, the process of adjustment to actual climate change and its effects; human intervention may facilitate adjustment to expected climate change and its effects.

The management and allocation of funds, assets and investments to meet various objectives

Social and cultural groups that share collective ancestral ties to the lands and natural resources where they live, occupy or from which they have been displaced

Activities that involve the cultivation of crops and raising of livestock for food, fibre, and other products essential for human life and industry.

People with different national or cultural traditions from the dominant population

Either money or something of monetary value is transferred between two or more organisations, people or countries.

Actions or measures to adapt terrestrial systems to climate change.

This sector includes firms and individuals offering specialised expertise in fields such as law, accounting, consulting, science and engineering.

Conditions that enhance the feasibility of adaptation options. Enabling conditions include finance, technological innovation, strengthening policy instruments, institutional capacity, multi-level governance and changes in human behaviour and lifestyles.

Financial actors and resources that are primarily directed towards climate change mitigation, adaptation and compensation.

Dedicated pool of financial resources for climate-related projects.

This sector creates and distributes information and entertainment through television, radio, print, and digital platforms.

Work that is productive and delivers a fair income, security in the workplace and social protection for all, better prospects for personal development and social integration, freedom for people to express their concerns, organize and participate in the decisions that affect their lives and equality of opportunity.

woman and genders outside of the gender binary

Actions and measures to adapt and increase resilience of societies and the economy to climate change.

The processes through which enterprises can identify, prevent, mitigate and account for how they address their actual and potential adverse impacts. Due diligence is the idea that reasonable precautions should be taken to avoid causing harm to people, the environment, or society. It also involves identifying and mitigating risks before they occur.

People who are less able to respond to the effects of climate change due to having limited financial or physical assets

Gender action plan for FP229: Acumen Climate Action Pakistan Fund

Policy instrument

Impacted group

Just transition

Economic sector

Adaptation/resilience

Finance