Expand green finance to ensure sustainable energy

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Economic Reporter :
The central bank is working to help ensuring sustainable energy for achieving sustainable development through boosting green financing across the country, Bangladesh Bank (BB) Governor Dr. Atiur Rahman said.
“We’ve undertaken and implemented a good number of initiatives to help implement energy and environment related programmes of the government,” BB Governor Dr. Rahman said while launching a German funded project ” Green Banking for Energy Sustainable Economy” at the Bangladesh Institute of Bank Management (BIBM) Auditorium in the capital Dhaka on Sunday.
BIBM, GIZ and Sustainable and Renewable Energy Development Authority (SREDA) jointly organized the launching ceremony. The central bank chief also said: “To promote sustainable energy in Bangladesh, the government has prepared a Renewable Energy Policy and has undertaken various action plans with the target of generating 5.0 per cent and 10 per cent of total power production by 2015 and 2020 respectively.
Besides, the government has initiated setting up of a SREDA and has also finalised Sustainable Energy Development Act, 2011, he added. Sustainable energy is crucial for sustainable development, a process that ensures development of the current generation without impeding the development opportunities for the future generation, according to Dr. Rahman.

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