10th December 2024

In a historic step towards a more sustainable future, Bangladesh and Germany have officially launched the Bangladesh-German Climate and Development Partnership (CDP). Report BSS

 

The initiative, signed today by Achim Troester Ambassador Federal Republic of Germany in Bangladesh and Md. Shahriar Kader Siddiky, Secretary of the Economic Relations Division (ERD), Ministry of Finance, represents a powerful alliance to fight climate change, promote clean energy, and drive global climate action.

 

 This new partnership builds on more than six decades of friendship between the two nations and focuses on key areas including climate adaptation, renewable energy, energy efficiency, and nature-based solutions, said an ERD press release.

 

Together, Bangladesh and Germany are taking decisive steps to meet the challenges of a rapidly changing climate.

 

Key Goals: 1. High-Level Dialogue & Cooperation: Foster discussions on climate adaptation, renewable energy, and energy efficiency, while supporting Bangladesh’s National Adaptation Plans (NAP) and Nationally Determined Contributions (NDCs).

 

 2. Joint Climate Targets: Bangladesh will submit a Long-Term Low-Emission Development Strategy (LT-LEDS) and enhanced NDC by COP30, aiming for a global temperature rise limit of 1.5°C.

 

3. International Action: Engage in global climate initiatives, such as the Global Methane Pledge, and promote locally led climate action to empower vulnerable communities.

 

Key Initiatives: • Financial & Technical Cooperation: Germany will support Bangladesh through the Team Europe Initiative for Green Energy Transition and other funding mechanisms.

 

 • Knowledge Exchange: Facilitate sharing of best practices in emission reduction, renewable energy, and climate adaptation.

 

 • Just Energy Transition: Help Bangladesh achieve 30% renewable energy in electricity production by 2030.

 

 • Private Sector Engagement: Involve the private sector in sustainable climate solutions and responsible global supply chains.

 

The Joint Declaration of Intent (JDI) of CDP is a non-legally binding agreement, effective immediately upon signing. Annual policy dialogues will assess progress and adapt strategies to meet climate goals.

 

Through this partnership, Bangladesh and Germany reaffirm their commitment to addressing climate change and building a sustainable, resilient future for all.


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