IDCOL, KEITI discuss energy efficiency, climate action cooperation
Infrastructure Development Company Limited (IDCOL) recently hosted a stakeholder consultation meeting with a visiting delegation from the Korea Environmental Industry & Technology Institute to discuss renewable energy, energy efficiency technologies and Bangladesh's climate action mechanisms.
The consultation brought together senior officials from IDCOL, representatives of the Economic Relations Division, industry owners, engineering, procurement and construction contractors, engineers and sector experts. Discussions focused on existing renewable energy and energy efficiency technologies, climate finance mechanisms, market experiences and opportunities for future collaboration, technology exchange and knowledge sharing.
Speaking at the event, Alamgir Morshed, executive director and chief executive officer of IDCOL, said Bangladesh has made notable progress in deploying renewable energy and energy efficiency solutions through development finance and private sector participation.
"IDCOL remains committed to supporting climate-friendly technologies and strengthening international partnerships to accelerate Bangladesh's transition towards a low-carbon economy," he said.
A K M Sohel, additional secretary and wing chief (United Nations) at the Economic Relations Division of the Ministry of Finance, highlighted the importance of international cooperation. "Global collaboration is essential for accessing advanced technologies and climate finance. Engagements with institutions such as KEITI can play a significant role in supporting Bangladesh's climate action and sustainable industrial growth," he said.
Members of the KEITI delegation expressed interest in Bangladesh's experience in implementing climate-focused projects and discussed potential areas for future cooperation, including technology transfer, joint initiatives and knowledge exchange.
The consultation reaffirmed IDCOL's role as a key development finance institution in advancing Bangladesh's climate resilience and sustainable development goals through innovative financing and strategic international partnerships.
কোরিয়ান প্রতিনিধি দলের সঙ্গে জলবায়ু কর্মসূচি নিয়ে ইডকলের পরামর্শ সভা
ইনফ্রাস্ট্রাকচার ডেভেলপমেন্ট কোম্পানি লিমিটেড (ইডকল) সম্প্রতি কোরিয়া এনভায়রনমেন্টাল ইন্ডাস্ট্রি অ্যান্ড টেকনোলজি ইনস্টিটিউটের (কেইটিআই) একটি প্রতিনিধি দলের সঙ্গে পরামর্শ সভা করেছে। এতে দেশে বিদ্যমান নবায়নযোগ্য জ্বালানি ও জ্বালানি দক্ষতা প্রযুক্তি, জলবায়ু প্রশমন প্রকল্পে অর্থায়ন ব্যবস্থা, বাজার অভিজ্ঞতা এবং ভবিষ্যৎ সহযোগিতা ও প্রযুক্তি বিনিময়ের সম্ভাবনা নিয়ে আলোচনা করা হয়।
সভায় ইডকলের সিইও আলমগীর মোরসেদ বলেন, ‘কার্যকর উন্নয়ন অর্থায়ন ও বেসরকারি খাতের অংশগ্রহণের মাধ্যমে নবায়নযোগ্য জ্বালানি এবং জ্বালানি দক্ষতা খাতে বাংলাদেশ উল্লেখযোগ্য অগ্রগতি অর্জন করেছে। দেশের নিম্ন-কার্বন রূপান্তর ত্বরান্বিত করতে জলবায়ুবান্ধব প্রযুক্তি উন্নয়ন ও আন্তর্জাতিক অংশীদারত্ব জোরদারে ইডকল প্রতিশ্রুতিবদ্ধ।’
অন্যদিকে অর্থ মন্ত্রণালয়ের অর্থনৈতিক সম্পর্ক বিভাগের অতিরিক্ত সচিব ও উইং প্রধান (জাতিসংঘ) একেএম সোহেল বৈশ্বিক সহযোগিতার গুরুত্ব তুলে ধরেন। তিনি বলেন, ‘উন্নত প্রযুক্তি ও জলবায়ু অর্থায়নে প্রবেশাধিকার নিশ্চিত করতে আন্তর্জাতিক সহযোগিতা অত্যন্ত জরুরি। কেইটিআইয়ের মতো প্রতিষ্ঠানের সঙ্গে সম্পৃক্ততা জলবায়ু পরিবর্তন মোকাবেলায় বাংলাদেশের উদ্যোগকে আরো শক্তিশালী করবে এবং টেকসই শিল্প উন্নয়নে সহায়ক ভূমিকা রাখবে।’
এ সময় কেইটিআই প্রতিনিধি দল জলবায়ুকেন্দ্রিক প্রকল্প বাস্তবায়নে বাংলাদেশের বাস্তব অভিজ্ঞতার প্রতি আগ্রহ প্রকাশ করে এবং ভবিষ্যতে সহযোগিতা, জ্ঞান বিনিময় ও প্রযুক্তি হস্তান্তরের সম্ভাবনা নিয়ে আলোচনা করে।
সভায় ইডকলের ঊর্ধ্বতন কর্মকর্তা, অর্থ মন্ত্রণালয়ের অর্থনৈতিক সম্পর্ক বিভাগের (ইআরডি) প্রতিনিধি, শিল্পপ্রতিষ্ঠানের মালিক, ইপিসি কন্ট্রাক্টর, প্রকৌশলী ও খাতভিত্তিক বিশেষজ্ঞরা অংশগ্রহণ করেন।
IDCOL Hosts Climate Action Consultation With Korean Delegation
Infrastructure Development Company Limited (IDCOL) hosted a stakeholder consultation meeting with a visiting delegation from the Korea Environmental Industry & Technology Institute (KEITI) to discuss renewable energy, energy efficiency technologies, and Bangladesh’s climate action mechanisms.
The consultation brought together senior officials from IDCOL, representatives of the Economic Relations Division (ERD), industry owners, EPC contractors, engineers, and sector experts. Discussions focused on existing renewable energy and energy efficiency technologies, financing mechanisms supporting climate mitigation projects, market experiences, and opportunities for future collaboration and technology exchange.
Speaking at the event, Mr. Alamgir Morshed, Executive Director &CEO of IDCOL said, “Bangladesh has made notable progress in deploying renewable energy and energy efficiency solutions through effective development finance and private sector engagement. IDCOL remains committed to supporting climate-friendly technologies and strengthening international partnerships to accelerate the country’s low-carbon transition.”
Mr. A K M Sohel, Additional Secretary and Wing Chief (United Nations), Economic Relations Division, Ministry of Finance, emphasized the importance of global cooperation, stating, “International collaboration is essential for accessing advanced technologies and climate finance. Engagements with institutions like KEITI can significantly contribute to Bangladesh’s efforts to address climate change while supporting sustainable industrial growth.”
The KEITI delegation expressed interest in Bangladesh’s practical experience in implementing climate-focused projects and explored potential avenues for future cooperation, knowledge sharing, and technology transfer.
The consultation reaffirmed IDCOL’s role as a key development finance institution in advancing Bangladesh’s climate and sustainable development objectives through innovative financing and strategic international partnerships.
IDCOL Strengthens Climate Commitment by Joining Global Carbon Accounting Alliance PCAF
Infrastructure Development Company Limited (IDCOL) has become a signatory to the Partnership for Carbon Accounting Financials (PCAF), reinforcing its strong commitment to sustainability and climate action. This strategic move establishes a robust framework for transparent sustainability reporting, enabling IDCOL to accurately measure and disclose greenhouse gas (GHG) emissions associated with its financing activities.
The Partnership for Carbon Accounting Financials (PCAF) is a global collaboration of financial institutions aimed at harmonizing the assessment and disclosure of GHG emissions linked to loans and investments. With more than 700 financial institutions across six continents, PCAF is rapidly expanding its footprint in North America, Latin America, Europe, Africa, and the Asia-Pacific region.
By joining PCAF, IDCOL is adopting a globally recognized and harmonized standard for measuring and disclosing financed emissions, enhancing transparency and accountability in its operations. The partnership will further strengthen IDCOL’s institutional mandate by leveraging data-driven insights to support Bangladesh’s transition toward a low-carbon and climate-resilient economy.
“Joining PCAF marks a significant milestone in our sustainability reporting journey. It will enable us to benchmark our portfolio against global standards and reinforces our commitment to financing green infrastructure that delivers tangible climate risk mitigation,” said Mr. Alamgir Morshed, Executive Director and CEO of IDCOL.
Infrastructure Development Company Limited (IDCOL) is a leading government-owned financial institution that plays a pivotal role in bridging the financing gap for private sector infrastructure and renewable energy projects in Bangladesh. As a market pioneer, IDCOL catalyzes sustainable investments to enhance energy security through renewable energy and energy efficiency initiatives, serving as a key partner in advancing the government’s vision of a climate-resilient economy.
IDCOL is also a critical national institution for channeling both domestic and international climate finance, with support from development partners such as the World Bank, KfW, USAID, JICA, and the Green Climate Fund (GCF). The organization plays a vital role in improving energy efficiency, particularly in energy-intensive sectors such as textiles and the ready-made garments (RMG) industry.
Through these initiatives, IDCOL is actively contributing to the achievement of Bangladesh’s Nationally Determined Contributions (NDCs) and renewable energy targets, supporting the country’s long-term vision for a greener, more resilient future.
IDCOL joins global carbon accounting initiative PCAF
Infrastructure Development Company Limited (IDCOL) has become a signatory to the Partnership for Carbon Accounting Financials (PCAF), reinforcing its commitment to sustainability and climate action.
The partnership provides a framework for transparent sustainability reporting, enabling IDCOL to measure and disclose greenhouse gas emissions associated with its financing activities.
PCAF is a global collaboration of financial institutions aimed at harmonising the measurement and disclosure of emissions financed through loans and investments. The initiative currently includes more than 700 financial institutions across six continents, with growing participation in North America, Latin America, Europe, Africa, and the Asia-Pacific region.
By joining PCAF, IDCOL will adopt a globally harmonised standard for measuring and disclosing financed emissions, enhancing transparency and accountability. The move is expected to support data-driven decision-making and contribute to Bangladesh's transition to a low-carbon and climate-resilient economy.
'Joining PCAF marks a significant milestone in our sustainability reporting,' said Alamgir Morshed, Executive Director and CEO of IDCOL. 'It will allow us to benchmark our portfolio against global standards and reinforces our commitment to financing green infrastructure that delivers tangible climate risk mitigation.'
IDCOL is a government-owned financial institution that focuses on bridging financing gaps in private-sector infrastructure and renewable energy projects. The organisation plays a key role in promoting sustainable investments, energy efficiency, and renewable energy initiatives to strengthen national energy security.
The institution also serves as a major conduit for domestic and international climate finance, with support from development partners including the World Bank, KfW, USAID, JICA, and the Green Climate Fund. Through its activities, IDCOL contributes to improving energy efficiency in energy-intensive sectors such as textiles and the ready-made garment industry, supporting Bangladesh's nationally determined contributions and renewable energy targets.
