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Germany to provide €1 billion support to Bangladesh for renewable energy: Adviser

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Both countries will promote knowledge exchange and cooperation with non-state actors like the private sector, research institutes, academia, and civil society

Staff Correspondent

Publisted at 12:24 PM, Tue Sep 17th, 2024

Environment, Forest and Climate Change & Water Resources Adviser Syeda Rizwana Hasan said Germany will provide Bangladesh with €1 billion over the next ten years, including €15 million this year, focusing on renewable energy generation.

Both countries will promote knowledge exchange and cooperation with non-state actors like the private sector, research institutes, academia, and civil society. 

Environment adviser said this after her meeting with Achim Tröster, the German Ambassador to Bangladesh held at the ministry’s office at the Bangladesh secretariat on Tuesday (17 September)

Syeda Rizwana Hasan said the collaboration will also involve small ethnic minorities, women, and youth, fostering a multi-stakeholder approach. She thanked the Ambassador for Germany’s continued support in environmental and climate matters.

She emphasised the need for increased international cooperation to address global climate challenges and the importance of sustainable forest management.

Ambassador Tröster expressed Germany’s commitment to supporting Bangladesh in its fight against climate change and appreciated the government’s efforts in protecting the environment.

He also highlighted Germany’s expertise in renewable energy and offered technical assistance to support Bangladesh’s green energy initiatives.

During the meeting, both sides discussed strengthening bilateral cooperation on river cleaning, environmental protection, and climate change mitigation. The discussions included potential collaboration on sustainable development projects, green technology adoption, for tackling environmental and climate-related challenges.

The meeting concluded with a mutual agreement to explore further avenues for collaboration, particularly in technology transfer and environmental sustainability projects.

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