The Trade Council of Denmark-Bangladesh, in collaboration with BGMEA on October 5, 2021 organized a webinar to create awareness about technological solutions from Denmark for green building and industrial processes. As per a Textile Today report, the webinar aimed to facilitate the sustainable economic transition of Bangladesh. The country has the highest number of green garment factories in the world with 148 LEED-certified green factories by the USGBC, said Faruque Hassan, President, BGMEA.

The association is working on industrial symbolize, digitalization, product development, and innovation to take Bangladesh textile and RMG to the next level. The country has already launched a large number of projects for sustainable production with LEED. It currently has 135 LEED certified projects while 500 new projects have been registered for LEED certification, by U.S. Green Building Council. In 2021, Bangladesh received the USGBC Regional Leadership Award.

Khondkar Morshed Millat, General Manager, Sustainable Finance Department (SFD), Bangladesh Bank added, the central bank of Bangladesh is passionate about green banking, green financing, and sustainable financing since 2009. It has taken efforts to prioritize based on their contribution towards sustainability with respect to environmental, social, economic, and governance issues that are in conformity. Its primary objective is to help steer private capital to activities that benefit the environment in the long term.

Bangladesh Bank has four types of funds for the manufacturers who work on green energy, green product, and initiatives. If an ideal fund size for green building and green industry is almost BDT 1.50 to 2.00 billion. Against this requirement, the maximum fund from the BB refinancing scheme will be BDT 0.20 billion for green building and 0.50 billion for green industry and the rest will be on the owner’s bank’s own finance and equity, Milllat added