Germany has promised 600 million Euro for renewable energy in Bangladesh, German Ambassador Achim Tröster said this day (18 September).
The German ambassador expressed his nation’s toughen when he paid a courtesy call on Chief Adviser Professor Muhammad Yunus at his area of enterprise at Tejgaon in Dhaka.
The envoy said Germany had a protracted-standing relationship with Bangladesh and in recent years it grew to change into a number of the finest construction partners of the nation with aid amounting to over one billion euros.
The German toughen to Bangladesh might be attach a matter to-driven, Tröster said, adding that Germany has already proposed a concrete 50 million euro aid for renewable energy in Bangladesh.
The ambassador additional mentioned that Germany would additionally lend 600 million euros over a interval of eight years for renewable energy.
“This is a privileged programme,” he said, adding Bangladesh is one of a handful of international locations who private obtained this mission aid.
At the meeting, Chief Adviser Professor Muhammad Yunus recalled his long friendship with German leaders, announcing he continually attended the anniversaries of the autumn of Berlin Wall.
Professor Yunus sought extra German investment in Bangladesh and its expertise and expertise to battle corruption.
He said the nation turned into as soon as united in the aid of the students and childhood who private ushered in a peculiar generation of hope for the nation.
“Now we now have to focal point on their aspirations. We private got to aid them change into entrepreneurs,” he said.
He said his authorities might be alive to to lower any boundaries to German investment in Bangladesh.
He sought extra non-public German funding for renewable energy and green transition.
Lutfey Siddiqi, the special envoy of the chief adviser, briefed the German envoy about reforms in the Bangladesh investment construction authority.
He said German and Bangladesh corporations can effect green hall.
Lamiya Morshed, senior secretary of SDG affairs, Uttam Kumar Karmaker, Additional Secretary of ERD, Kazi Russel Pervez, a Director Traditional of the International ministry, and Jan Janowski, Deputy Chief of Mission of German embassy private been additionally most up-to-date.
Earlier on Tuesday (17 September), Atmosphere, Forest and Climate Switch Adviser Syeda Rizwana Hasan said Germany will provide Bangladesh with €1 billion over the following 10 years, alongside with €15 million this yr, specializing in renewable energy generation.
Each international locations will promote records change and cooperation with non-command actors like the non-public sector, research institutes, academia, and civil society, Rizwana said after her meeting with Achim Tröster.