Bangladesh gets $256.5m Green Climate Fund

Bangladesh has received $256.5 million from the global Green Climate Fund to promote private sector investment through large scale adoption of energy-efficient technologies in the textile and garment sectors

Nov 18, 2020
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Bangladesh has received $256.5 million from the global Green Climate Fund to promote private sector investment through large scale adoption of energy-efficient technologies in the textile and garment sectors.

This is the first concessional credit line for Bangladesh, and the first private sector financing from the GCF in the country, the Infrastructure Development Company Ltd (Idcol) said yesterday.

The fund was approved at the board meeting of the GCF on November 13.

https://www.thedailystar.net/business/news/bangladesh-gets-2565m-green-climate-fund-1996813

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