Accessing climate finance is a critical issue for Pakistan. Since the Kyoto Protocol, the country has not fully tapped into the potential of international climate finance. Pakistan has mobilized USD 377 million in grants and guarantees from international multilateral climate
funds, such as the GCF, GEF, and AF. Since 1991, a total of 38 projects have been implemented, most of which focus on short- to medium-term solutions to address climate vulnerabilities. On average, this means that Pakistan has secured only USD 11.24 million in grants from international climate funds annually since the establishment of GEF in 1991, AF in 2001, and GCF in 2010
