(L) Md. Shahriar Kader Siddiky, Secretary of the Economic Relations Division (ERD), Ministry of Finance & Achim Tröster, German Ambassador to Bangladesh. Pic: Germany in Bangladesh.
The initiative was signed by German ambassador to Bangladesh Achim Troester and Mohammad Shahriar Kader Siddiky, secretary of the economic relations division in the Bangladesh ministry of finance.
The new partnership focuses on areas like climate adaptation, renewable energy, energy efficiency and nature-based solutions.
It will foster discussions on climate adaptation, renewable energy, and energy efficiency, while supporting Bangladesh’s National Adaptation Plans (NDC) and nationally-determined contributions.
Bangladesh will submit a long-term low-emission development strategy and enhanced NDC by COP30, aiming for a global temperature rise limit of 1.5 degrees Celsius.
The partnership will engage in global climate initiatives and promote locally-led climate action to empower vulnerable communities.
Germany will support Bangladesh through the Team Europe Initiative for Green Energy Transition and other funding mechanisms.
The partnership will help Bangladesh achieve 30 per cent renewable energy in electricity production by 2030; and involve the private sector in sustainable climate solutions and responsible global supply chains, domestic media outlets in Bangladesh reported.
Fibre2Fashion News Desk (DS)