USAID will soon launch a multi-year project of up to $17 million in Bangladesh, called "Bangladesh Advancing Development and Growth through Energy" (BADGE), subject to the availability of funds.
This multi-year initiative will work to expand Bangladeshis' access to affordable clean energy, support clean energy entrepreneurship, foster transparent and efficient energy markets, and advance innovation, according to the US Embassy in Dhaka.
It is also critical to curbing the country's carbon emissions, which nearly quadrupled over the past two decades.
During his April 5-9 visit to India and Bangladesh, US Special Presidential Envoy for Climate John Kerry highlighted several new initiatives from the US Agency for International Development (USAID) in India and Bangladesh that will help combat climate change by expanding access to clean energy, strengthening climate-resilient infrastructure, and promoting clean energy entrepreneurship.
The project will not only reduce emissions but also will improve living standards for the people of Bangladesh and will support continued rapid economic growth, said the Embassy.