Supporting Bangladesh’s transition to a low-carbon economy

ongoing

IDCOL is a public financial institution specializing in the financing of infrastructure and renewable energy projects, and developing its intervention into new green segments.This project has two components: (1) a credit line of 100 million Euros, granted to the Government of Bangladesh and retroceded by it to IDCOL, (2): a set of technicalassistance (1 MEUR) activities, mainly related to the identification of eligible investments, support and advice to investors, training and capacity building of IDCOLstaff, as well as monitoring of impacts. The specific objectives of this project are:to deepen the market and energy efficiency practices in industrial enterprises and, where appropriate, the tertiary sector,to develop industrial projects for the production of renewable energies,to support IDCOL’s diversification strategy,Under the credit line component, energy efficiency projects may stand for a maximum of 80% of the credit line, whereas other projects (renewable energies and environmental performance) may stand for a maximum of 40% of the credit line.