IDCOL, with funding support from the Green Climate Fund (GCF), hosted a high-level roundtable titled 'Accelerating Energy Efficiency in the Textile Sector' in the city. Infrastructure Development Company limited (IDCOL), with funding support from the Green Climate Fund (GCF), hosted a high-level roundtable on roundtable titled 'Accelerating Energy Efficiency in the Textile Sector'.
Held in Dhaka recently, the event brought together government officials, global brand representatives, IDCOL leadership, and executives from over 15 leading textile units, says a press statement.
The roundtable opened with an address by IDCOL's Executive Director and CEO Alamgir Morshed, who outlined the session's goal: to mainstream energy efficiency in the textile sector.
Mr. Morshed emphasised that this event compliments with IDCOL's larger vision-scaling EE investments and unlocking new project pipelines.
Speaking as the chief guest, Farzana Momtaz, Secretary, Power Division, stressed that EE is no longer an environmental luxury, it is an economic necessity.
She acknowledged the need for a system-wide shift and recognised the roles of IDCOL and SREDA in driving this change.
The panel discussion, led by IDCOL's Chief Investment Officer -Nazmul Haque, framed the global urgency of EE through cases from China, the US, and Kenya.
He invited practical discussion on replicable models for Bangladesh. The panel included Kamal Ahammed from M&S, Ishtiaq Ahmed from Saiham Group, and David Hasanat of Viyellatex Group.
The event focused on the launching of a $133 million credit line co-financed by GCF and IDCOL, aiming to promote energy efficiency in the textile sector of Bangladesh.
With the support of this credit line, the textile sector is now better positioned to adopt energy-efficient technologies, reduce carbon footprints, and enhance global competitiveness.
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