Strengthening Institutional Capacity for SDGs Achievement in Bangladesh (SC4SDG) project in association with the Integrated National Financing Framework for Achieving SDGs in Bangladesh (INFF4SDGs) organized a consultation workshop with the private sector titled “Investing in WATSAN, Climate Finance and Renewable Energy in Bangladesh: Market Analytics, Financing Instruments and Networking” on 28 December 2020 at the Bangabandhu International Conference Center (BICC), Dhaka.
To boost SDG-aligned opportunities in Bangladesh, it will be critical to develop the financing strategy and build concrete pipelines of both public and private bankable projects in areas that represent catalytic risks as well as opportunities for Bangladesh such as WATSAN, Climate Finance and Renewable Energy. To do so, getting a clear sense of the ecosystem, financing mechanisms, corporate priorities and bottlenecks will be pivotal. However, the private sector workshop was organized to address several important questions related to investing in WATSAN, Climate Finance and Renewable Energy - What has already been done? What did not work? What should be done? Who could support doing it? How do we move forward?
Multiple sector experts were invited to the workshop. The event facilitated different sessions - plenary session, parallel sessions on market analytics as well as financing instruments and corporate mixer where distinguished speakers and participants (online and offline) discussed the existing market analytics, gaps and opportunities, priorities of the private sector in relation to SDGs, required data, information and knowledge, current best practices, financing tools and changes needed to move forward for effective financing of SDGs. The programme started with the opening remarks by Mia Seppo, UN Resident Coordinator, Bangladesh and Rubana Huq, President, Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and ended with the closing remarks by Sudipto Mukerjee, Resident Representative, UNDP, Bangladesh.