On February 18th, B-Briddhi hosted a workshop at the LightCastle Partners office on “Climate Finance Pathways & Market Opportunities”, bringing together development partners, ecosystem players, and climate finance experts to explore funding avenues for sustainable business growth. The session was led by Naomi Rosenthal and Lars Osterwalder, experts in climate and carbon finance.
It provided insights into Bangladesh’s climate commitments, carbon markets, and financing mechanisms to support mitigation and adaptation efforts.
Bangladesh’s Climate Finance Landscape
Bangladesh needs USD 176 Bn over the next decade (~3-4% of its GDP) to meet its climate goals, focusing on renewable energy, energy efficiency, transport, and agriculture.
Enabling Climate Finance & Scaling Impact
Discussions at the workshop delved into the complexities of climate finance, with participants raised critical questions about emissions accountability, global offset data, and market dynamics. The issue of additionality in renewable energy credits sparked active discussion , as did the accessibility of funding for smaller impact enterprises. These exchanges underscored the need for clearer financing mechanisms, transparent data, and innovative solutions to enhance climate finance opportunities in Bangladesh.
Impact enterprises must explore diverse financing pathways, strengthen data transparency, and align with Bangladesh’s climate goals to unlock sustainable funding.
B-Briddhi, a gender-inclusive program supporting a thriving impact ecosystem in Bangladesh where impact enterprises can grow and scale. This program is supported by Switzerland and implemented by Roots of Impact and LightCastle Partners.
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