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Textile, leather sectors to get global green funding

A Swiss foundation would tie up with Bangladesh Bank (BB) to help explore the opportunities of collaborating on exploring global green fund for sustainable infrastructure focusing on textile and leather sectors. The Basel-based Global Infrastructure Basel (GIB) Foundation promotes resilient infrastructure through sustainable design and financing on a global scale. Two senior green economy experts – Hans-Peter Egler and Daniel Wiener from ECOS (ecology, economy and social responsibility), a subsidiary of GIB Foundation, discussed the matter with BB Governor Dr Atiur Rahman at a meeting on Monday. The meeting was held on the sideline of the annual general meeting of Bank for International Settlements (BIS) in Basel, a BB press release said on Monday. According to BB, the two experts held preliminary talks with the governor about the possibility of collaborating on raising green fund for sustainable infrastructure focusing on textile and leather sectors. They also had discussions on the expertise of ECOS on raising standards of green infrastructure, efficient production processes and proper waste management. The experts assured that BB and other entities of Bangladesh would have link with ECOS – the global green platforms. They also said that they would work with the Asian Infrastructure Investment Bank (AIIB) for promoting sustainable infrastructure in Bangladesh.