IDCOL hosts climate action consultation with Korean delegation

January 27, 2026 00:00:00

The Infrastructure Development Company Limited (IDCOL) hosted a stakeholder consultation meeting with a visiting delegation from the Korea Environmental Industry & Technology Institute (KEITI) on Sunday to discuss renewable energy, energy efficiency technologies, and Bangladesh's climate action mechanisms.

The consultation brought together senior officials from IDCOL, representatives of the Economic Relations Division (ERD), industry owners, EPC contractors, engineers, and sector experts, says a press statement.

Discussions focused on existing renewable energy and energy efficiency technologies, financing mechanisms supporting climate mitigation projects, market experiences, and opportunities for future collaboration and technology exchange.

Speaking at the event, Alamgir Morshed, Executive Director & CEO of IDCOL, said, "Bangladesh has made notable progress in deploying renewable energy and energy efficiency solutions through effective development finance and private sector engagement. IDCOL remains committed to supporting climate-friendly technologies and strengthening international partnerships to accelerate the country's low-carbon transition."

A K M Sohel, Additional Secretary and Wing Chief (United Nations), Economic Relations Division, Ministry of Finance, emphasised the importance of global cooperation.

"International collaboration is essential for accessing advanced technologies and climate finance. Engagements with institutions like KEITI can significantly contribute to Bangladesh's efforts to address climate change while supporting sustainable industrial growth," he said.

The KEITI delegation expressed interest in Bangladesh's practical experience in implementing climate-focused projects and explored potential avenues for future cooperation, knowledge sharing, and technology transfer.

The consultation reaffirmed IDCOL's role as a key development finance institution in advancing Bangladesh's climate and sustainable development objectives through innovative financing and strategic international partnerships.