Editorial, News & commercial office:
55/A, H M Siddique Mansion (Level-7), Purana Paltan, Motijhel C/A, Dhaka-1000. Phone: +8802226640056,
e-mail: [email protected], [email protected]
Environment, Forest and Climate Change and Water Resources Adviser Syeda Rizwana Hasan has called for robust private sector engagement to drive country’s climate mitigation and resilience efforts, emphasizing that carbon trading mechanisms should simultaneously serve as investment channels, technology transfer tools and emission reduction instruments.
Speaking at a workshop titled “Business Forum on Joint Crediting Mechanism (JCM) Project: Matchmaking and Advancing Article 6 Implementation in Bangladesh” at Department of Environment, organised in collaboration with Japan’s Ministry of the Environment, Rizwana stressed that adaptation alone cannot safeguard coastal regions, noting that mitigation remains the ultimate pathway to long-term resilience.
Welcoming the revised JCM rules aligned with Article 6 of the Paris Agreement, she highlighted Bangladesh’s pre-launch of its national carbon market framework at COP30, which provides regulatory clarity, authorisation procedures and a predictable platform for international investors.
She called for further stakeholder consultations before finalising the framework, underlining that vulnerable communities must be included in policy and project decision-making.
Rizwana also stressed the need for actionable plans to support the country’s updated NDC commitments; 6.39% unconditional emission reduction and an additional 13.92% conditional reduction by 2035, urging the Department of Environment to develop an implementation roadmap and relevant ministries to produce sector-specific execution plans.
Highlighting the critical role of private enterprises, she said export-oriented industries can accelerate sustainability transformation when supply-chain requirements demand compliance.
She encouraged businesses to go beyond traditional CSR initiatives such as tree planting, advocating for investment in renewable energy, energy efficiency, resilient agriculture and nature-based solutions.
She also advised caution regarding waste-to-energy projects, calling for advanced technology, strict third-party monitoring, proper site selection, compliance assurance, and public disclosure of performance data.
Rizwana acknowledged Japan’s exceptional climate commitment, technology cooperation and support for Bangladesh, contrasting it with the slow progress in global climate negotiations.
She also praised aspects of Japanese urban life; cleanliness, humane urban design and community-friendly open spaces, as a model for Bangladesh’s environmental transition.
During the workshop, Rizwana and Keitaro Tsuji, director of the JCM Office, Ministry of Environment, Japan, jointly launched the Article 6 Guidebook for the Private Sector, developed with IGES support.
The guidebook is designed to help businesses identify bankable mitigation opportunities, access international partnerships, and participate in emerging carbon markets.
She also noted that Bangladesh and Japan are preparing to sign a Memorandum of Cooperation to strengthen bilateral environmental collaboration, describing it as a milestone in long-term climate partnership.
The forum brought together government officials, private sector leaders, financial institutions, and Japanese organisations to explore renewable energy deployment, green technologies, energy efficiency solutions and other investment opportunities aligned with Article 6.
Key attendees included Mohammad Navid Shafiullah, Additional Secretary (Climate Change), Ministry of Environment, Forest and Climate Change; Md Kamruzzaman (NDC), Director General, Department of Environment; Keitaro Tsuji, Director, JCM Office, MOEJ; Koakutsu, Director, A6IP/IGES; Maria Howlader, Secretary General, JBCCI and Mirza Shawkat Ali, Director (Climate Change), DoE.
https://thedailyexpress.news/news/national/1f0d434d-e235-6210-9a07-8ecf18e75a68