The Energy Efficiency Engagement (3e) Secretariat of the Nordic Chamber of Commerce & Industry organized a seminar titled “Accessing Green Financing for Energy Efficiency”, held on Wednesday, February 17, 2016 at Hotel Lake Castle. The main focus of this event was to highlight the available financing opportunities for local companies who are looking at implement energy efficiency measures in their facilities. The requirements to access the various financing opportunities, which were very valuable to audience members interested in becoming part of the green finance initiative, were also presented and discussed at this event.
Around 70 attendees, primarily from industry fields, along with energy consultants, financial representatives and relevant stakeholders, were present at the seminar.
Executive Director of NCCI, Mr. Hasan Fatheme, kicked off the event, emphasising that energy efficiency is the most direct way for businesses to control and cut their production costs and businesses should consider it as an effective driver for sustainability. Following this welcome note, the floor was opened for Mr. Stephan Skare Enevoldsen, Senior Adviser at DANIDA, to delve into the seminar with an overview of the 3e project, its goals and objectives, and the latest findings from energy assessments performed under the program in the RMG, textiles, ceramics, food, and transport sectors.
The baton was passed to Md. Mehbuboor Rahman, Manager of the Green Banking Desk at IDLC Finance Limited, who provided an in-depth overview of the financing options available for pursuing energy efficiency in Bangladesh. After a short break for refreshments, Mr. Tareq Refat Ullah Khan, Unit Head of Corporate Banking at Eastern Bank Ltd., took over to present to the audience the organisation’s green banking initiatives for small-medium enterprises (SMEs) and large corporate clients.
“Energy efficiency is the most direct way for businesses to control and cut their production costs and businesses should consider it as an effective driver for sustainability.” – Hasan Fatheme, Executive Director, NCCI
This segued into a presentation by Mr. Søren Robenhagen, the Commercial Counsellor of the Royal Danish Embassy, with his remarks on the overall energy situation of the country, along with an informative presentation of international financing mechanisms available to local businesses for implementing green technologies, with a focus on Danish export credit financing mechanisms.
Mr. Enevoldsen then took the stage to moderate an open discussion between the panel of speakers and the audience, offering useful insight into the opportunities and possibilities for green financing in the Bangladeshi context. The event was formally closed by Mr. Fatheme, who invited Mr. Enevoldsen to present crests of recognition to IDLC and Eastern Bank in recognition of their contributions to the seminar, thanking all speakers and attendees as well as his 3e colleagues for making the fruitful session possible. The day ended with an invitation to all participants for a 3e hosted luncheon.