IDCOL has been awarded “The Global Economics Awards 2022” in the “Best Green Initiative (Renewable Energy)-Bangladesh” category for implementing Solar Irrigation Pump (SIP) Project in Bangladesh. IDCOL was selected because of successful introduction of a green finance initiative to the smallholder collectives and farmers through an innovative business model under the SIP Project.

The award was announced by The Global Economics Limited, a UK based financial publication and a business magazine that provides thoughtful insights into the financial sectors on commercial and investment banking, wealth management and advisory across the world. This award recognizes the best market players in banking, finance, insurance, technology, healthcare, real estate and energy.

Other notable winners from previous years include Standard Chartered Bangladesh, HSBC Holdings Plc UK, KPMG, Bank of Ireland etc.