BUILD inks deal with BCAS for working on green growth

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Business Desk :
The Business Initiative Leading Development (BUILD) on Monday signed a Memorandum of Understanding (MoU) with Bangladesh Centre for Advanced Studies (BCAS) to cooperate on an initiative for conducting research and dialogue on green growth in Bangladesh.
BCAS Executive Director Dr Atiq Rahman and BUILD CEO Ferdaus Ara Begum signed the agreement on behalf of their respective sides at a city hotel, a BUILD press release said.
The joint initiative has been taken under the Climate Finance Transparency Mechanism (CFTM) project with support from the Promoting Knowledge for Accountable Systems (PROKAS) initiative under the British Council and UKAID.
PROKAS Team Leader Jeffry Fox and Director of the Society of British Council Shahnaz Karim were, among others, present at the signing ceremony.
In his opening remarks, Dr Atiq said the role of private sector is very important for responding to the challenges of climate change, particularly for mitigation and contributing to green growth in Bangladesh through energy efficiency and renewable energy.
The partnership between the BCAS and the BUILD could identify the opportunities for the private sector in the area of climate finance, he added.
Ferdaus Ara stressed conducting research and stakeholder dialogues to sensitise the private sector in Bangladesh about green growth and Green Climate Fund (GCF) under the United Nations Framework Convention on Climate Change (UNFCCC).
She hoped that the complementary strengths of BCAS and BUILD could go a long way in raising awareness and building capacity on the issues among the private sectors and its actors.
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