[{"bbox": [96, 152, 1134, 208], "category": "Text", "text": "regarding current information on repayment history, unpaid debts, or credit outstanding. Thus, there is a need to\nenhance their coverage for green financing.⁴"}, {"bbox": [96, 232, 1134, 604], "category": "Text", "text": "**Green business transformation and climate action:** Pakistan Industrial sector, which main industry – textile – is also deeply connected with the agricultural sector, is heavily reliant on fossil fuels and outdates technologies. This hampers the shift towards sustainable practises, exacerbating environmental degradation. Additionally, limited financial resources (green credit lines) and lack of access to modern, eco-friendly technologies impedes progress. Industry, particularly manufacturing and textile face pressure to reduce carbon footprints while maintaining competitiveness in the global market. Policy inconsistency and insufficient incentives further complicate efforts to adopt greener practises. Among key issues in the supply chain of the textile sector we find; synthetic fertiliser and pesticides use in production, use of toxic chemicals, water and energy intensive production, deforestation and land degradation that leads to release of stored carbon dioxide into the atmosphere and at the same time reduce climate resilience. Addressing the degradation of the environment and fostering sustainable industrial development in general and generating concrete/tailored measures for the different industries, requires a massive coordination among the key stakeholders of this action. There is therefore scope for the EU to contribute to Pakistan's green and innovation competitiveness."}, {"bbox": [96, 646, 1134, 941], "category": "Text", "text": "**Women and inclusion:** Historically the inclusion of women has been marginal in the whole economy and in the manufacturing sector of Pakistan. However, the trend is changing. The garment and textile sector now employs 30% of women labour force which is, however, still far below worldwide levels and female workers are mainly concentrated in stitching units. To increase the share of women labour force across textiles and other sectors greater efforts are needed and working conditions need to be improved to provide safe and culturally acceptable working conditions to women with significant opportunities of career growth. The improvement of working conditions is also crucial for the inclusion of other vulnerable groups in the labour market, like people with disabilities and youth. In addition to described issues youth and women are usually excluded from policy making and public investment decisions. The existing PPDs, while starting from a low level increasingly including women and youth, still do not provide the confidence and comfort of being heard. Especially, at the local level the participatory approach to policy and decisions is fairly weak and needs to be addressed."}, {"bbox": [96, 966, 1134, 1021], "category": "Text", "text": "Identification of main stakeholders and corresponding institutional and/or organisational issues (mandates, potential roles, and capacities) to be covered by the action:"}, {"bbox": [96, 1075, 298, 1100], "category": "Text", "text": "**Direct beneficiaries:**"}, {"bbox": [96, 1120, 1134, 1335], "category": "Text", "text": "**Export-oriented SMEs of selected sectors** are the main beneficiaries of the action, as all interventions are directed to support these companies, with a focus on women-led companies, with green transition, compliance with existing and upcoming requirements related to environment and climate change and improvement of competitiveness. Following sectors have been identified based on criteria, including priority under the Circular Economy Action Plan (CEAP), export potential to EU, number of export-oriented SMEs in the sector, potential for value addition and higher complexity of products, general importance for the economy and employment in Pakistan and priorities of the Government of Pakistan: Textiles with focus on garment, leather, footwear, sports goods, surgical instruments and packaging as a cross-cutting sector."}, {"bbox": [96, 1335, 1134, 1414], "category": "Text", "text": "The intervention will eventually lead to more competitive SMEs that are able to provide more decent jobs thus benefitting the workforce of SMEs. Attention shall be paid especially to people in vulnerable situations, like informal workers, women and youth."}, {"bbox": [96, 1438, 1134, 1546], "category": "Text", "text": "**Federal and Provincial Ministries, Public Authorities and Agencies:** potential beneficiaries are listed below, the enumeration is extensive given the fragmented and wide institutional set-up of the country. The programme will follow a trickle-down approach whereby the initial interlocutor at Ministerial level will be the Ministry of Commerce (Moc) and the Ministry of Climate Change (MoCC) as principal co-beneficiaries of the assistance. This"}, {"bbox": [85, 1572, 1144, 1647], "category": "Footnote", "text": "⁴ Kumar, L.; Nadeem, F.; Sloan, M.; Restle-Steinert, J.; Deitch, M.J.; Ali Naqvi, S.; Kumar, A.; Sassanelli, C. Fostering Green Finance for Sustainable Development: A Focus on Textile and Leather Small Medium Enterprises in Pakistan. Sustainability 2022, 14, 11908. https://doi.org/10.3390/su141911908"}, {"bbox": [1038, 1681, 1143, 1707], "category": "Page-footer", "text": "Page 8 of 31"}]