Poket News

Green Climate Fund approves USD 256 million for Bangladesh

 

  • The Green Climate Fund has approved dollar 256 million for Bangladesh in grants & loans to meet its GHG emission reduction targets under the Paris agreement.
  • The financing is provided as an integrated package for textile and Ready Made Garments (RMG) sectors of Bangladesh are the largest industrial contributors in carbon emission.
  • It expects to reduce 14.5 million tonnes of carbon dioxide equivalent in emissions with the use of this funding.