Germany has provided 14.45 million euros to support Bangladesh in transforming its textile sector, enhancing climate adaptation efforts, and advancing sustainable electric mobility.
In line with these initiatives, Bangladesh and Germany signed three new technical cooperation agreements on Wednesday at the Economic Relations Division (ERD), according to a press release.
Md Shahriar Kader Siddiky, Secretary of the Economic Relations Division (ERD), and Andreas Kuck, Country Director of GIZ Bangladesh, signed the agreements, highlighting the shared commitment of both nations to sustainable growth.
The deal on the 'Programme for Sustainability in the Textile Sector II (STILE-II)', with a fund of 7.3 million euros under the Ministry of Commerce, aims to modernise Bangladesh's textile and RMG industries, aligning them with EU sustainability standards.
Key outcomes include policy alignment, strengthened sectoral instruments, and the promotion of gender equality.
With the Localisation of National Climate Adaptation Targets (LOCAT) deal, backed by 3 million euros, the Local Government Division will enhance institutional capacities for urban climate action plans aligned with the National Adaptation Plan.
Outputs include gender-responsive tools and a learning framework for city-level climate strategies.
