RENEWABLES FIRST & NEW ENERGY NEXUS LAUNCH CLIP TO POWER COUNTRY’S CLIMATE TECH ECOSYSTEM

In response to escalating climate threats, Renewables First and New Energy Nexus have launched Climate Innovation Pakistan (CLIP), a first-of-its-kind national platform to accelerate homegrown climate tech solutions. The launch took place at the National Incubation Centre in Islamabad.

Key Components of CLIP

Climate Tech Incubator by Renewables First – tailored curriculum for early-stage climate ventures.

New Energy Academy by New Energy Nexus – upskilling Pakistan’s solar industry workforce.

Endorsements and Insights

Muhammad Bilal Abbasi (Ignite Funds) praised CLIP for adding value to the ecosystem and strengthening Pakistan’s economy. Stanley Ng (New Energy Nexus) emphasized the academy’s role in developing the solar workforce. Aafaq Ali (Pakistan Solar Association) highlighted the urgent need for improved solar installation quality nationwide.

Panel Discussion Highlights

The launch included a panel titled “The Role of Ecosystem Support Organizations (ESOs) in Building an Investable Climate Tech Pipeline”, emphasizing impact investment and the need for:

Stronger collaboration between public and private actors

Alignment between academia and industry

Tailored support for early-stage startups

Panelist Observations

Sayyed Ahmad Masood: Incubation programs should be customized for startup stages and needs.

Shehryar Hyderi: Climate tech could drive post-2025 micro-recovery despite current funding drought.

Merai Syed: Ecosystem support lags behind climate tech demand; academia should align with practical challenges.

Zainab Saeed: Gender inclusion is vital; barriers for women-led ventures should be addressed through mentorship, capital access, and visibility support.

The discussion underscored the urgent need for specialized incubation programs and targeted capacity-building curricula, backed by a mix of global and local experts and experienced founders.

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