Goal Statement
Impact
M3.0 Reduced emissions from buildings, cities, industries, and appliances:
14.53 MtCO2eq over 20 years lifetime
M7.0 Lower energy intensity of buildings, cities, industries, and appliances
M5.0 strengthened institutional and regulatory systems
Effective Knowledge transfer, institutional
capacity development and policy
implementation to support low carbon
industrial growth
Concessional financing
available for climate
impact technology in
textile & RMG sector
Activities
Compendium of
best practices on
standards and
technologies for
Energy Efficiency
Capacity
developmen
t of IDCOL,
LFIs and
borrowers
Fund
disbursal &
monitoring
of fund
implementa
tion
Barriers
Sustainable financing strategy
developed for reducing
industrial carbon footprint
Complicated
loan application
process for
existing lowcost financing
Limited
capacity in FIs
& units for
apprising &
monitoring EE
projects
Limited
market
trust in EE
concept
Assumptions
Proj Results
Outcomes
Textile and RMG industries in Bangladesh will undergo a transformative shift to low-carbon pathway and accelerate
greenhouse gas emissions reduction through systemic identification, and financing of best available energy efficient
technologies (b) uptake of targeted tools and knowledge to sustain and replicate the low-carbon transformation and (c)
aligning policies for low-carbon industrial development.
Given the correct support the local financial institutions (LFIs) and the textile & RMG industries are willing and able to build their
capacity to address climate change through adoption of energy efficient equipment and technology.
Increased access to concessional financing will allow the textile & RMG factory owners to invest in high climate impact technologies.
Rising energy prices & compliance pressure from global brands are inducing industrial behavioural change, promoting sustainable
energy savings.
By strengthening enabling policies/ regulations industrial energy efficiency can be realized in the country to mitigate impacts of climate
change.
Provide low
cost
financing
for EE
equipment
High cost of
financing
Sectoral
energy
baseline
Digital
Knowledge
platform
Limited access to
technical &
market
information for
effective
decision making.
Improve
EE&C policy
implementati
on.
Limited
appreciation
for economic
benefit of EE
Market
developmen
t & linkages
Lack of policy
level push in
improving EE
penetration