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Financing energy efficient projects is a recent initiative of IDCOL. IDCOL has already adopted schemes for financing energy efficient equipment,green building and manufacturing of energy efficient appliances. IDCOL also finances environment friendly Auto Brick projects and Improved Cook Stove (ICS).
IDCOL has already developed significant in-house capacity on the technology and financing of energy efficient brick kilns within the Industrial and Energy Efficiency Unit. IDCOL is also enlisted as a Participating Financial Institution (PFI) under Sustainable Finance Department (SFD) of Bangladesh Bank. A full-fledged team under the Household Energy Unit of the Renewable Energy Department looks after countrywide dissemination of the ICS Program.
IDCOL is working with Frankfurt School of Finance & Management GmbH (Frankfurt School) under the project, ‘Technical assistance (TA) for financing brick kiln in Bangladesh’ supported by UNEP through funding from the Climate and Clean Air Coalition (CCAC).
IDCOL offers a range of technical assistance and concessionary financing under its Energy Efficiency Financing window.