Staff Reporter :
Bangladesh Bank (BB) Governor Dr Atiur Rahman on Thursday called upon banks and non-bank financial institutions to invest in green and energy efficient non-polluting brick manufacturing projects in the country.
The governor said this while addressing a workshop on “Investment in Energy Efficient brick Manufacturing Projects” at the Conclave Hall in Long Beach Studies in the city, organized by Infrastructure Development Company Limited (IDCOL).
The governor also asked the financial institutions to receive the central bank’s refinance support line for financing of energy efficient green brick manufacturing projects amounting to around Taka 4.00 billion.
Brick making contributes about one percent to the country’s gross domestic product (GDP) and provides employment for about one million people, he pointed.
He observed most of the coal based traditional brick making kilns are, however, highly polluting the environment.
Considering the necessity of non-polluting brick manufacturing projects, the central bank is encouraging financial institutions to provide more financial support to the stakeholders.
He said “BB remains active in rendering a clear pro-green stance to the country’s domestic credit and financing policies and practices, including facilitation of raising ‘green’ finance from domestic and external sources”.
The governor appreciated IDCOL management for joining this initiative with another Taka 4.00 billion for the development of green and energy efficient non-polluting brick manufacturing projects in the country.
He expected that IDCOL would take lead in engaging with other local green project sponsors, financiers, and technology platforms towards setting up a networking platform for mutual support and knowledge.
Bangladesh Bank (BB) Governor Dr Atiur Rahman on Thursday called upon banks and non-bank financial institutions to invest in green and energy efficient non-polluting brick manufacturing projects in the country.
The governor said this while addressing a workshop on “Investment in Energy Efficient brick Manufacturing Projects” at the Conclave Hall in Long Beach Studies in the city, organized by Infrastructure Development Company Limited (IDCOL).
The governor also asked the financial institutions to receive the central bank’s refinance support line for financing of energy efficient green brick manufacturing projects amounting to around Taka 4.00 billion.
Brick making contributes about one percent to the country’s gross domestic product (GDP) and provides employment for about one million people, he pointed.
He observed most of the coal based traditional brick making kilns are, however, highly polluting the environment.
Considering the necessity of non-polluting brick manufacturing projects, the central bank is encouraging financial institutions to provide more financial support to the stakeholders.
He said “BB remains active in rendering a clear pro-green stance to the country’s domestic credit and financing policies and practices, including facilitation of raising ‘green’ finance from domestic and external sources”.
The governor appreciated IDCOL management for joining this initiative with another Taka 4.00 billion for the development of green and energy efficient non-polluting brick manufacturing projects in the country.
He expected that IDCOL would take lead in engaging with other local green project sponsors, financiers, and technology platforms towards setting up a networking platform for mutual support and knowledge.
