Bangladesh Climate and Carbon Finance for Renewable Energy
Sector: Solar • Location: Bangladesh
Source: World Bank Group
The proposed project intends to make results-based climate/carbon finance payments of up to US$16.76 million to IDCOL in exchange for verified emissions reductions (ERs) generated between January 2021 and December 2024 by 2.4 million installations of the existing solar home systems (SHS) implemented by IDCOL under the World Bank RERED II program.The RBC/CF transaction also fulfills a broader, more
- Status
- Prospective
- Sector
- Solar, Residential, Government
- Location
- Bangladesh
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Sponsoring Agency |
Status
Original status | active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The proposed project intends to make results-based climate/carbon finance payments of up to US$16.76 million to IDCOL in exchange for verified emissions reductions (ERs) generated between January 2021 and December 2024 by 2.4 million installations of the existing solar home systems (SHS) implemented by IDCOL under the World Bank RERED II program.The RBC/CF transaction also fulfills a broader, more impactful objective of setting up a pilot transaction to test-run the governance framework set-up for Bangladesh’s preparation under Article 6 readiness. The pilot transaction will provide real-world experience to draw insights and learnings on the processes and ecosystem needed to support future international results-based climate finance transactions under Article 6 instruments of the Paris Agreement. |
Original sector | Energy and Mineral Resources |
Budget |
Location
Country | Bangladesh |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Solar, Residential, Government |
Article published date | 2025-12-17 |
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