Bangladesh

Map of Bangladesh

Country Initiatives Details

Partnership for Cleaner Textiles in Bangladesh

Canada’s Total Contribution: $300,000

Targeted Countries: Bangladesh

Funding Period: 2010/2011

Project Funded through a Canadian Facility: IFC - Canada Climate Change Program (CCCP)

Delivery Partner(s):

Description

The IFC-Canada Climate Change Program provided support to enhance the long-term competitiveness and sustainability of the Bangladeshi textile’s wet processing sector. The project will support factories in specific geographic clusters to reduce their energy, water, and chemical use.

Results/Expected Outcomes

With support from Canada, this project is expected to mobilize an additional $9.5 million in co-financing from public and private sources and lead to an estimated greenhouse gas emissions reduction of 300,000 metric tons of CO2 per year.* To date, the project has partnered with 169 textile factories to support the implementation of resource efficiency projects. These projects have not only led to savings in resources, but are also realizing cumulative cost savings of US $8 million/year for these factories.
Co-Financing/Mobilized Finance (CAD$): $9,500,000
Estimated GHG (metric tons of CO₂) Reduction Associated with Project (per year)Disclaimer *: 300000

*Ex-ante estimated GHG reductions. Actual reductions may not match estimates.

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