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Step taken to foster private capital for green and resilience building initiatives in Bangladesh

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06 Mar, 2024

This post was originally published on UNDP

Step taken to foster private capital for green and resilience building initiatives in Bangladesh
kate.smith@undp.org
Sun, 03/03/2024 – 06:36

A national consultation workshop on the Green and Resilient Debt Platform (GRDP) organized by the United Nations Development Programme (UNDP) in Dhaka has focused on mobilizing debt capital for sustainable initiatives through innovative financial instruments.  

In light of the growing climate crisis and Bangladesh’s national and international commitments on climate actions, there is an escalating need for climate finance.

Despite a global increase in climate finance – to $940 billion in 2021 – there remains a significant gap in reaching the most vulnerable nations. In response, the European Investment Bank (EIB) and the Nordic Development Fund, in collaboration with UNDP, are launching a multi-country project proposal to the Green Climate Fund (GCF) called the Green and Resilience Debt Platform (GRDP).

External Link
https://www.undp.org/bangladesh/press-releases/step-taken-foster-private-capita…

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Publication Date
Thu, 02/29/2024 – 12:00

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Government consulting on sustainable investment labelling

Government consulting on sustainable investment labelling

02 Aug, 2025

The Australian Government is starting consultation on sustainable investment product labelling, which is designed to give investors more confidence to put more capital to work in sustainable products.

The federal government said the release of this paper is a key step in implementing its Sustainable Finance Roadmap — designed to help mobilise the capital required for Australia to become a renewable energy superpower, modernising the financial markets and maximising the economic opportunities from net zero.

This consultation paper seeks views from investors, companies and the broader community on a framework for sustainable investment product labels.

These labels are designed to help investors and consumers identify, compare and make informed decisions about sustainable investment products to understand what ‘sustainable’, ‘green’ or similar words mean when they’re applied to financial products.

The government said a more robust and clear product-labelling framework will help investors and consumers invest in sustainable products with confidence and help tackle greenwashing.

This phase of consultation will run from 18 July to 29 August and help the government refine its design principles for the framework.

The consultation paper is available on the Treasury consultation hub.

Image credit: iStock.com/wenich-mit

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