Agricultural mechanization in Bangladesh is vital since the sector contributes 11.66% to the GDP and employs 45.3% of the workforce.
Most SMEs fail to be eligible for a traditional loan from a bank or an NBFI even though they are great entrepreneurs with growing enterprises.
Agriculture contributes 20% to Bangladesh’s GDP but employs 45% of the workforce. Approximately 80% of the working population involved in…
Catalytic finance, leveraged the right way, can use existing financial provisions to mobilize additional capital to catalyze development and impact.
A 4-degree increase in temperature is expected to reduce 28% of rice production and 68% of wheat production Thus, proper utilization of climate funds in the agriculture sector is crucial.
Blended finance, with its potential to leverage private sector investment, offers a promising avenue to bridge the gap in climate finance.
In order to envision a green Bangladesh and achieve net zero by 2050, we will require enabling policies and innovative climate finance.
Financial services need to be inclusive and only then we would be able to unlock value creation towards an advanced economy.
Blended finance is poised to be the future of global growth by utilizing market-correcting strategies and cutting-edge financial tools.
LightCastle a year-long SMART Blended Finance program for B-SkillFUL, supported by the Embassy of Switzerland and Swisscontact.
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