Bangladesh Bank to set up $200m Green Transformation - leatherbiz: Lea Leatherbiz

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Bangladesh Bank to set up $200m Green Transformation Fund

11/02/2016
According to local reports, Bangladesh Bank (BB) will set up a $200 million fund to provide low-cost loans to leather manufacturers to encourage them to switch to production strategies that have a lower impact on the environment.

Called the Green Transformation Fund, it will also be open to companies in the textile industry.

Projects likely to win backing include those that improve water conservation and management, waste management, energy efficiency, recycling and renewable energy. 



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