Tap CDM opportunities to reduce carbon emissions: CS Karim
Wednesday, 26 November 2008
Bangladesh could immensely benefit through tapping the financial support under the clean development mechanism (CDM) of the Kyoto Protocol and removing barriers to the promotion of such projects, reports BSS.
Inaugurating the country's first CDM project at Bhulta, Narayanganj, Agriculture Adviser Dr CS Karim urged all to utilise the CDM opportunity to reduce carbon emissions and make the country's industries energy-efficient.
The adviser called on the banking sector and private entrepreneurs to come forward to establish energy-efficient factories and mills taking the support of the CDM under the Kyoto Protocol to the United Nations Framework on Climate Change (UNFCC).
WWR Bio Fertiliser Bangladesh Ltd, a joint venture company of Waste Concern, in association with World Wide Recycling B.V., a Dutch company, has established the compost plant at Bhulta on the Dhaka-Sylhet Highway, about 12 kilometres off the capital.
Dutch Ambassador in Dhaka Mrs Bea ten Tusscher attended the function as the special guest.
Mayor of Narayanganj Pourasabha Dr Selina Hayat Ivy, Chairman of WWR Bio Fertiliser Bangladesh Ltd Jan Boone, Member-Secretary of Designated National Authority (DNA) on CDM of the Government of Bangladesh (GoB) Mohammad Reazuddin, Shirin Kamal of the UNDP and Executive Director of Waste Concern AHM Maqsood Sinha, among others addressed the gathering.
Expressing gratitude to promoters of the first CDM project in the country, CS Karim said everybody should supplement the government efforts to face the climate change.
He said the government should take more steps to facilitate the CDM projects in the country, extending cooperation to the promoters with ideas and information.
Under the CDM, the rich countries outsource their obligations to cut carbon emissions by sponsoring carbon-cutting schemes in poor countries.
The plant built at a cost of 12.5 million euros will have initial capacity to handle 138 tonnes of organic waste a day and it will go up to 700 tonnes after installation of two more plants - one at Gazipur and the other at Savar by 2009.
The plant will produce 50,000 tonnes of compost annually creating jobs for some 800 urban poor, Maqsood Sinha said.
The CDM project will reduce annual emissions of 4,300 tonnes of methane (equivalent to 89,000 tonnes of carbon dioxide), a highly potential greenhouse gas (GHG), opening up a gateway to Bangladesh to take advantage of CDM to improve its energy efficiency.
Inaugurating the country's first CDM project at Bhulta, Narayanganj, Agriculture Adviser Dr CS Karim urged all to utilise the CDM opportunity to reduce carbon emissions and make the country's industries energy-efficient.
The adviser called on the banking sector and private entrepreneurs to come forward to establish energy-efficient factories and mills taking the support of the CDM under the Kyoto Protocol to the United Nations Framework on Climate Change (UNFCC).
WWR Bio Fertiliser Bangladesh Ltd, a joint venture company of Waste Concern, in association with World Wide Recycling B.V., a Dutch company, has established the compost plant at Bhulta on the Dhaka-Sylhet Highway, about 12 kilometres off the capital.
Dutch Ambassador in Dhaka Mrs Bea ten Tusscher attended the function as the special guest.
Mayor of Narayanganj Pourasabha Dr Selina Hayat Ivy, Chairman of WWR Bio Fertiliser Bangladesh Ltd Jan Boone, Member-Secretary of Designated National Authority (DNA) on CDM of the Government of Bangladesh (GoB) Mohammad Reazuddin, Shirin Kamal of the UNDP and Executive Director of Waste Concern AHM Maqsood Sinha, among others addressed the gathering.
Expressing gratitude to promoters of the first CDM project in the country, CS Karim said everybody should supplement the government efforts to face the climate change.
He said the government should take more steps to facilitate the CDM projects in the country, extending cooperation to the promoters with ideas and information.
Under the CDM, the rich countries outsource their obligations to cut carbon emissions by sponsoring carbon-cutting schemes in poor countries.
The plant built at a cost of 12.5 million euros will have initial capacity to handle 138 tonnes of organic waste a day and it will go up to 700 tonnes after installation of two more plants - one at Gazipur and the other at Savar by 2009.
The plant will produce 50,000 tonnes of compost annually creating jobs for some 800 urban poor, Maqsood Sinha said.
The CDM project will reduce annual emissions of 4,300 tonnes of methane (equivalent to 89,000 tonnes of carbon dioxide), a highly potential greenhouse gas (GHG), opening up a gateway to Bangladesh to take advantage of CDM to improve its energy efficiency.