• Monday, Sep 27, 2021
  • Last Update : 12:49 pm

USAID launches $17m clean energy project in Bangladesh

  • Published at 06:15 pm June 21st, 2021
Clean Energy
Bigstock

BADGE will expand Bangladesh's access to affordable clean energy, support clean energy entrepreneurship

The US Agency for International Development (USAID) today launched a $17 million five-year, flagship clean project to improve access to affordable, reliable, and sustainable energy systems and promote transparent and efficient energy markets in Bangladesh.

USAID Mission Director Derrick S. Brown and Chairman of Sustainable and Renewable Energy Development Authority (SREDA) of Bangladesh Mohammad Alauddin jointly inaugurated the project named Bangladesh Advancing Development Growth through Energy (BADGE).

During his April last visit here, US Special Presidential Envoy for Climate John Kerry highlighted the project while he met with Prime Minister Sheikh Hasina.

The event titled "US- Bangladesh Climate Mitigation and Energy Cooperation - Launch of USAID BADGE program," elaborated the details of the USAID's BADGE project to key energy stakeholders, A US Embassy press release said here.

Speaking at the event, Brown said, the US sees tremendous opportunity in powering countries like Bangladesh with clean energy. "Through the BADGE activity, we aim to improve access to affordable, reliable, and sustainable energy systems and promote transparent and efficient energy markets," he added.

BADGE will expand Bangladesh's access to affordable clean energy, support clean energy entrepreneurship, foster transparent and efficient energy markets, and advance innovation.

The activity aims to create an enabling environment for development of advanced energy technologies, high performing energy institutions, increased regional energy trade, and transparent and best-valued energy procurement in Bangladesh.

BADGE is one of USAID's main activities to accelerate clean energy and net zero strategies in Bangladesh and achieve Asia EDGE's goals across the Indo-Pacific region.

It is also a part of USAID's recently launched "Energizing a Net-Zero Asia" initiative that comprises seven new next-generation clean energy programs, totaling more than $200 million, to establish foundations for a net-zero energy grids in Asia.

Representatives from the Bangladesh Government, academicians, researchers, the private sector, and donors participated in the launching event.

69
Facebook 63
blogger sharing button blogger
buffer sharing button buffer
diaspora sharing button diaspora
digg sharing button digg
douban sharing button douban
email sharing button email
evernote sharing button evernote
flipboard sharing button flipboard
pocket sharing button getpocket
github sharing button github
gmail sharing button gmail
googlebookmarks sharing button googlebookmarks
hackernews sharing button hackernews
instapaper sharing button instapaper
line sharing button line
linkedin sharing button linkedin
livejournal sharing button livejournal
mailru sharing button mailru
medium sharing button medium
meneame sharing button meneame
messenger sharing button messenger
odnoklassniki sharing button odnoklassniki
pinterest sharing button pinterest
print sharing button print
qzone sharing button qzone
reddit sharing button reddit
refind sharing button refind
renren sharing button renren
skype sharing button skype
snapchat sharing button snapchat
surfingbird sharing button surfingbird
telegram sharing button telegram
tumblr sharing button tumblr
twitter sharing button twitter
vk sharing button vk
wechat sharing button wechat
weibo sharing button weibo
whatsapp sharing button whatsapp
wordpress sharing button wordpress
xing sharing button xing
yahoomail sharing button yahoomail