Berger Paints Bangladesh Limited, a leading player in the domestic paint industry, is increasingly investing in the development of eco-friendly products, despite facing significant challenges from the current economic climate, according to Mohsin Habib Chowdhury, the company’s Chief Operating Officer.
Prime Bank PLC has once again been honored by Bangladesh Bank, securing a spot among the top banks in the central bank’s 2023 sustainable rating. This marks the second consecutive year the bank has received this prestigious recognition, underscoring its commitment to sustainability.
Chevron Bangladesh and Green Savers officially signed a five-year-long project implementation agreement titled ‘Planned Tree Plantation Initiative’ at the corporate office of Chevron Bangladesh in Gulshan, Dhaka.
Amidst the challenges of rapid urbanization and climate change, experts are advocating for sustainable urban development to create cities that can withstand these adverse effects. This call to action was made during the opening day of the “Urban Resilience Forum,” a two-day event that commenced on June 26, 2024, at the Bangabandhu International Conference Center in the capital, as per a press release.
A groundbreaking 100 MW “semi-agrivoltaic” project is set to be developed in Madarganj, Bangladesh, by a Bangladeshi-Chinese joint venture, emphasizing sustainability and innovative land use. This facility will simultaneously generate solar power and cultivate crops like green chilies, turmeric, and ginger.
Korea will extend a $100 million loan to Bangladesh as part of the “Second Strengthening Social Resilience Programme, Sub-programme-1.” The loan agreement was formalized today in a signing ceremony between the Bangladesh government and the Korea Exim Bank, according to an official press release.
The World Bank’s Board of Executive Directors has approved $900 million to support Bangladesh in strengthening its fiscal and financial sector policies and improving urban infrastructure for sustainable and climate-resilient growth.
The government has announced ambitious plans to transition all its services to a completely paperless format as part of the broader “Smart Bangladesh by 2041” vision. This initiative aims to leverage frontier technologies to transform governance and promote sustainable development.
The International Finance Corporation (IFC) has announced a strategic partnership with EPIC Group, a leading global apparel manufacturer, to bolster sustainable textile manufacturing and improve resource efficiency in Bangladesh and India. This collaboration involves a substantial financial package aimed at supporting EPIC Group’s green capital expenditure program and generating higher-skilled jobs in both countries.
On May 15, 2024, the Better Work Bangladesh Programme, a partnership between the International Labour Organization (ILO), the International Finance Corporation (IFC), The Daily Star, and The Daily Prothom Alo, convened the ‘Better Work, Better Lives: Elevating the RMG Industry in Bangladesh’ roundtable. Backed by the Ministry of Economy, Trade and Industry (METI) and the Government of Japan, the event sought to advance sustainability and ethical standards within Bangladesh’s RMG sector.
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