Industry Specific Study on Sustainable Energy Finance Market Potential for Financial Institutions in Bangladesh
The International Finance Corporation-South Asia Enterprise Development Facility (IFC-SEDF), managed by IFC, is supporting the establishment and growth of private Small and Medium Enterprises (SMEs) in Bangladesh, Bhutan, Nepal, Northeast India, Sr...
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| Format: | Working Paper |
| Language: | English en_US |
| Published: |
International Finance Corporation, Dhaka, Bangladesh
2017
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| Online Access: | http://documents.worldbank.org/curated/en/541541492769676554/Industry-specific-study-on-sustainable-energy-finance-market-potential-for-financial-institutions-in-Bangladesh http://hdl.handle.net/10986/26557 |
| Summary: | The International Finance
Corporation-South Asia Enterprise Development Facility
(IFC-SEDF), managed by IFC, is supporting the establishment
and growth of private Small and Medium Enterprises (SMEs) in
Bangladesh, Bhutan, Nepal, Northeast India, Sri Lanka and
Maldives. The industry sectors in Bangladesh are one of the
major sources of pollution and inefficient energy use.
Therefore IFC-SEDF has taken initiative to conduct a
concrete Market Study to understand the current Energy
Efficiency (EE) and Renewable Energy (RE) potential of
Bangladesh where Financial Institutions (FIs) can invest.
Bangladesh suffers from inadequate investment in the energy
efficiency improvement and renewable energy in the
industrial sector. Literatures suggest that the key barriers
to the implementation of energy efficiency are lack of
awareness, and access to finance. This report provides
detailed discussion on the approach and methodology in the
beginning. This study report analyses policy and regulatory
aspects related to industry and energy sector in Bangladesh.
Detailed overview of sectors under study has been elaborated
in the section 4. Energy consumption patterns and estimates
of the potential to save energy were arrived at with the
help of data collected from the industrial units and
analysis of the same. The report also provides an overview
of the financial sector in Bangladesh. Besides, policies and
regulations related to financial sector have been reviewed.
Potential for investment in EE and RE projects related to
industrial sectors under study has also been estimated. The
study has recommended appropriate mechanisms for providing
financial assistance to EE and RE projects as also
recommended certain technical assistance and advisory
services that IFC could provide to stakeholder
organizations. The report concludes with broad based recommendations. |
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