Economic Reporter :
Experts at a workshop on Tuesday underscored the need for setting up green industrial units to ensure the highest protection of environment.
They made the call at a workshop on ‘Facilitating Marketing for Joint Crediting Mechanism (JCM) in Bangladesh’ at Hotel Intercontinental in the city.
Department of Environment (DoE), Forest and Climate Change (MoEFCC), Bangladesh Institute for Global Environmental Strategies (IGES) of Japan, organised the workshop in collaboration with Japan Bangladesh Chamber of Commerce and Industry (JBCCI), Overseas Environment Cooperation Centre (OECC) and Global Environment Centre Foundation.
Deputy Minister for Environment, Forest and Climate Change Habibun Nahar said climate change is a global concern and Bangladesh is the innocent victim of the climate change impacts.
“It is high time to focus on energy efficiency . . . Ministry of Environment, Forest and Climate Change has come forward to introduce the joint crediting mechanism (JCM) in Bangladesh with cooperation of Japan to ensure energy efficiency and low carbon development in the county,” she added.
Director General of the Environment Department AKM Rafique Ahammed said at the moment for development, energy is essential and the demand of energy is increasing rapidly.
“So, energy efficiency is very much significant for us. Using energy efficient technology in industries will mitigate the climate change impact,” he added.
Tareq Rafi Bhuiyan Jun, Secretary General of JBCCI, said at this moment, the business relationship between Japan and Bangladesh is very good and around 300 Japanese companies are running their business right now in Bangladesh.
The Bangladesh government singed a bilateral agreement with Japan on March 19, 2013 to promote low carbon technologies in Bangladesh through joint crediting mechanism (JCM).
JCM is a new market mechanism initiated by the Japanese government to advance energy efficient technologies in developing counties through substantial financial supports. As return, the JCM project should transfer at least 50 percent of emission reduction credits to the government of Japan.