Fair Finance Pakistan convenes financial institutions, industrial associations, regulators, and civil society in structured, evidence-based dialogues to develop credible frameworks for sustainable and responsible finance. Our roundtables and multi-company engagements create candid spaces to exchange insights, stress-test policy ideas, and build aligned approaches to Pakistan's most pressing financial transition challenges.
Pakistan's transition to a more sustainable economy cannot be achieved by any single institution acting alone. Banks, regulators, industries, and policymakers are each managing different parts of the same risk and without structured dialogue, they are doing so in isolation. Our roundtables exist to close that gap.
Through convening corporate sustainability leaders, financial practitioners, and sector experts in the same room, Fair Finance Pakistan creates the conditions for aligned, practical action. Each session is designed to move beyond awareness toward documented consensus, producing outputs that feed directly into policy processes, regulatory guidance, and investment decisions.
Our roundtables and multi-company consultations are designed for organisations that are actively grappling with financial transition risks and want to shape the frameworks that will govern them. You should consider participating if:
Participation is by invitation or expression of interest. Sessions are conducted under Chatham House rules to enable candid exchange.
The Pakistan Clean Air Finance Framework is Fair Finance Pakistan's flagship framework-development initiative. It brings together financial institutions, industrial stakeholders, scientific experts, and regulators to build a nationally-owned response to one of Pakistan's most material and underappreciated financial risks: air pollution.
Air pollution, particularly fine particulate matter (PM2.5), is not only a public health crisis in Pakistan; it is an emerging financial risk. Industrial concentration in major urban corridors, growing regulatory pressure, and the health-related productivity losses borne by Pakistan's workforce increasingly translate into credit risk, asset impairment, and systemic financial vulnerability.
The Pakistan Clean Air Finance Framework (PCAFF) is a nationally-owned policy framework designed to integrate air-pollution risk into Pakistan's financial system. It enables banks and financial institutions to manage material financial risks, support industrial transition, and contribute to measurable improvements in public health outcomes. The framework is informed by internationally recognised best practices, including guidance from the UNEP Finance Initiative and the World Bank, but is built specifically for Pakistan's regulatory architecture, industrial structure, and pollution profile.
PCAFF is anchored institutionally through the State Bank of Pakistan, independently validated by the UC Davis Air Quality Research Center, and coordinated through the ASIC Pakistan Mitigation Series.
PCAFF is structured around five interconnected pillars, developed in sequence through phased consultation and research:
Formally integrating pollution-related considerations into credit appraisal, underwriting, and supervisory assessments. PM2.5 is the primary pollutant of concern, with provision for sector-specific inclusion of O3, SO2, NOx, and VOCs where financially material.
Establishing clear eligibility criteria for clean-air investments, transition finance definitions for high-emission sectors, and exclusion signals for obsolete or persistently polluting technologies aligned with the State Bank of Pakistan's prudential objectives.
Embedding clean-air considerations into day-to-day financial decision-making through portfolio screening, credible transition plans from clients in pollution-intensive sectors, and performance-linked financing terms.
Developing sector-specific transition pathways, city-level clean-air investment programmes, and coordinated blended-finance structures in partnership with multilateral development banks.
Annual reporting by financial institutions and regulators, Parliamentary review, and civil-society monitoring to safeguard credibility and enable course correction over time.
The framework is currently in active development. Consultation outputs, draft taxonomy instruments, and pillar-level working papers will be published on this page as they become available.
Our industry consultations bring together senior corporate and sectoral representatives in closed-door working sessions to ensure that policy frameworks are firmly grounded in operational realities. Outputs are consolidated into recommendations shared directly with policymakers and relevant Parliamentary Committees.
In February 2026, Fair Finance Pakistan collaborated with the Rawalpindi Chamber of Commerce & Industry (RCCI) to convene a closed-door working consultation with senior representatives from eleven high-impact industrial sectors. The session was designed to ensure that the Pakistan Clean Air Finance Framework is grounded in the operational constraints, transition finance needs, and sector-specific dynamics that industry leaders navigate in practice.
The six-hour working session brought together approximately twenty senior participants from the following priority sectors:
Discussions were structured around four themes: industry exposure to air-pollution-related regulatory and financing risks; practical transition finance needs and constraints; alignment between industrial transition pathways and emerging PCAFF policy instruments; and industry perspectives on feasible timelines, incentives, and compliance safeguards.
Consolidated recommendations from this session are being shared with policymakers and the relevant Parliamentary Committee as part of the ongoing PCAFF development process.
Fair Finance Pakistan welcomes participation from organisations across the financial, industrial, policy, and civil society ecosystem. There are several ways to engage with our roundtable and consultation programme:
If your organisation operates in one of the priority sectors identified under PCAFF, or if you are a financial institution developing clean-air or transition finance capabilities, we would welcome your participation in upcoming sessions.
If you are encountering financial transition challenges that would benefit from structured peer dialogue, or if your sector is not yet represented in our engagements, we would welcome your input.
Subscribe to receive updates on framework development milestones, consultation outputs, and published working papers as they become available.
If your institution is interested in co-convening or co-sponsoring a roundtable or multi-company engagement, please reach out to explore partnership arrangements.
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Please fill out the form below to register your interest in our Roundtables. Required fields are marked with an asterisk.
If you would like to discuss participation, partnership, or upcoming consultation opportunities, contact the Fair Finance Pakistan team.
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