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The Bangladesh Bank governor has called on the government to share climate change funds, from donor countries and agencies, with the central bank to help finance adaptation projects, reports bdnews24.com.
Governor Atiur Rahman was speaking after a deal signing Monday between the central bank and National Credit and Commerce Bank for a refinancing scheme targeting green projects.
The Tk 2.0 billion refinancing scheme for installing solar energy, bio-gas and effluent treatment plants was initiated in August. NCC Bank signed an agreement on the day to become the first participating bank in the scheme.
"The central bank created the scheme to help overcome power and gas crises by supporting alternative green energy sources."
"The central bank is looking to launch more environment-friendly refinancing schemes to fight effects of climatic change."
Atiur Rahman said he hoped the government would allocate climate change funds donated to Bangladesh for such schemes by the central bank.
He also urged banks not to give loans for projects harmed the environment such as filling rivers, building illegal structures and polluting industries.
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