International Climate Finance Cell launches in Dhaka

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International Climate Finance Cell launches in Dhaka

BM Report:

The climate finance platform “International Climate Finance Cell” was launched at the Economic Relations Division of the Ministry of Finance. The Cell will serve as a gateway for accessing information on international climate finance, facilitating connections between climate change project developers and funders.

The Cell was launched at the closing event of the Improved Coordination of International Climate Finance (ICICF) Project held on Monday at a city hotel. The ICICF project has been collaborating with ERD to spearhead Bangladesh’s efforts to mobilize climate finance.

The Climate Finance Cell is hosting a website that will facilitate connections between climate change project developers and funders. provide information on existing climate change projects in Bangladesh and share a list of unfunded priority climate project proposals, concepts, and ideas with interested financiers.

Planning Minister M. A. Mannan attended the event as the chief guest. He underscored the global nature of climate change, asserting, “This global challenge demands international cooperation and partnership to mitigate its distressing impacts.”

As a special guest, Andreas Kuck, Country Director of GIZ Bangladesh, shared his insights. He urged the Economic Relations Division (ERD) to undertake the crucial responsibility of formalizing the International Climate Finance Cell, highlighting its significance. He also underscored the importance of expanding the reach of the Climate Finance Training Program, targeting officials from various ministries.

The chair of the event Sharifa Khan, Secretary of the Economic Relations Division (ERD), extolled the virtues of global collaboration in addressing climate change. She further highlighted the importance of investing in our planet and its inhabitants. She said, “Today is the conclusion of the ICICF project; however, the demand for climate finance persists.”

The closing ceremony also convened an assembly of esteemed stakeholders, development partners, and representatives from various sectors, signifying a crucial juncture in the global fight against climate change.

The ICICF project is funded by the German Federal Ministry for Economic Cooperation and Development (BMZ). Jointly implemented by the Economic Relations Division (ERD), Ministry of Finance, and GIZ Bangladesh.

Bmirrorhttps://bmirror.net/
businessmirror20@gmail.com

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