Team Europe Initiative wants green energy transition in Bangladesh

"The Initiative will allow us to better coordinate and consolidate our engagement in the Green Energy Sector and strengthen our relationship with the Bangladesh government and the private sector," said Johannes Schneider, head of Development Cooperation, Germany, during the visit.

Representatives from the EU, Germany, Denmark, Sweden, Switzerland, Bangladesh, AFD (French Development Agency), GIZ (German Development Agency) and KFW (German state-owned investment and development bank) were part of the field visit.

TEI GET, launched in Dhaka in June 2021, aims at supporting Bangladesh to build a power system that leads to maximum coverage of the country's energy demand through renewable energy while reducing greenhouse gas emissions, energy consumption and demand through energy efficiency.

TEI GET, co-chaired by Germany and the EU, includes Denmark, France, Italy, Spain, Sweden, The Netherlands, the European Investment Bank (EIB) and like-minded countries like Norway and Switzerland.

ALCHEMPro News Desk (DS)