Training on innovative financial instruments for mobilizing greater investments towards climate action held in Habiganj
A high-level training program titled ‘Training on Innovative Financial Instruments for Climate Action was held at The Palace Luxury Resort, Habiganj recently. Economic Relations Division (ERD), Ministry of Finance and the Improved Coordination of International Climate Finance (ICICF) project implemented by GIZ Bangladesh on behalf of the Federal Government of Germany, jointly organized the event.
Bangladesh is one of the most climate-vulnerable countries. Despite increasing risks associated with climate change, the country faces a significant financing gap to address the issue. Financial innovation is therefore key to accelerating financial flows to minimize and close the gap. Over the last decade, there has been significant innovation in financial instruments and mechanisms that have ena...