Bangladesh Climate Action Forum 2024 unites global stakeholders dedicated to advancing collective Climate Action in Bangladesh

Dhaka, Bangladesh — The Bangladesh Climate Action Forum 2024 was successfully
held at the Radisson Blu Water Garden Hotel on 10th October 2024. Over 450 delegates from across the
globe came together to foster dialogue, collaboration, and actionable strategies to advance
Bangladesh’s sustainability goals.

The Bangladesh Apparel Exchange (BAE) organized the forum as a pivotal platform uniting industry
leaders, government officials, climate advocates, innovators, brands, development organizations,
policymakers, and academics.

This year’s event featured keynote addresses, panel discussions, presentations, and workshops, where
more than about 42 national and international experts shared insights on building a climate-resilient and
carbon-neutral future through collaboration and innovation and the launch of two significant initiatives
occurred during the event: the Soldiered & Better Mills Initiative and the OnetrueSOLar Fund.
In addition, key presentations focused on Solar Rooftop System Optimization, Thermal
Energy System Optimization, and Clean by Design: Lessons from Bangladesh and Impact.
dedicated to enhancing sustainable practices in Bangladesh. Key partners supported the forum included
the Apparel Impact Institute, Cascale, the European Union, GIZ, H&M, the Embassy of the Netherlands
in Bangladesh, PDS Limited, and Target.

The opening plenary featured notable addresses from key dignitaries, including:
Dr. M. Fouzul Kabir Khan, Adviser to the Ministry of Power, Energy, and Mineral Resources, said:
“Our renewable energy penetration is low -2%; we want to move it upwards. We are moving on to
larger systems with higher sustainability capacities. I hope you will join us in the journey to sustainability
and take the country forward.”

Lutfey Siddiqi, Chief Adviser’s Special Envoy for International Affairs, said
“As entrepreneurs and as businesses, it matters how we produce things. Not just what we produce at
the cheapest cost.”

“Climate transition is a real risk that we need to be mindful of. We should not treat it as a compliance
issue but a proper business strategy issue where we can stand out as the superior standard.”
H.E. Michael Miller, Ambassador and Head of Delegation of the European Union to Bangladesh, said:
“For countries like Bangladesh, among one of the most climate vulnerable countries in the world, every
fraction of a degree in global temperature increases matters.”

“We have a shared obligation to act. Global gateway aims to mobilize up to 300 billion euros of public
and private investments by 2027 through a combination of grants, concessional loans, and guarantees
to de-risk investments.”

H.E. Achim Tröster, Ambassador of the Federal Republic of Germany, said: “Energy security is a critical concern for both Bangladesh and Germany. With Bangladesh emerging as a
major regional economic power, it is vital to ensure that its energy needs are met in a way that is
sustainable, secure, and resilient to the challenges posed by climate change.”

Thijs Woudstra, Charge d’Affaires of the Embassy of the Kingdom of the Netherlands, said:
“I’m really happy that the garment industry is moving forward to decarbonization and advancing
positive climate action considering the national and global energy crisis.”
“I’m very much looking forward to a relationship with the Bangladeshi garment sector and private sector
as a large to play an important role in advancing sustainable and circular textile in Bangladesh and
continue knowledge sharing between our two countries.”

In his opening remarks, Mostafiz Uddin, Founder & CEO of Bangladesh Apparel Exchange, said:
“You care about the planet, you care about the country, and that is why all of you are here today. All of
you are my inspiration. Climate action is no more a burden. For entrepreneurs, it’s a business
opportunity.”

“This is how I think. For all of you, you all love Bangladesh and want to eliminate poverty and disasters.
Cheap labor is no longer a competitive advantage for Bangladesh. If we as entrepreneurs do not achieve
the target set by our clients, we will not be able to succeed. To achieve the targets, the manufacturers
need more shared responsibility, collaboration, and support.”

The event unites many contributors such as the Ministry of Foreign Affairs; Ministry of Power, Energy,
and Mineral Resources; Ministry of Environment, Forest and Climate Change; the Bangladesh Power
Management Institute (BPMI), the Embassy of Denmark in Bangladesh, the Embassy of France in
Bangladesh, the Embassy of Sweden in Bangladesh, ILO, Laudes Foundation, Oxfam in Bangladesh
USAID Bangladesh.

Additionally, an engineering workshop showcased the expertise of industry-leading organizations,
including Armstrong Fluid Technology, Forbes Marshall, Grant Thornton Bharat LLP, Illukkumbura
Industrial Automation (Pvt) Ltd., and Jinko Solar. Over 300 engineers from apparel manufacturing units
participated, gaining practical strategies to drive sustainability and decarbonization efforts within their
organizations.

The theme of this year’s Bangladesh Fashion: Driving Collective Climate Action highlighted
the urgent need for sustainability within the fashion and apparel sector. The forum was significant
as a catalyst for dialogue and collaboration among various stakeholders. Enhancing climate leadership
and technical skills makes the forum crucial in propelling the nation toward a sustainable and resilient
future.

FOLLOW US ON GOOGLE NEWS

Read original article here

Denial of responsibility! Todays Chronic is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – todayschronic.com. The content will be deleted within 24 hours.

Leave a Comment