Bangladesh became first country to receive funds from UN for Solar Home Systems Bangladesh

Bangladesh became first country to receive funds from UN for Solar Home Systems Bangladesh

Achievement.

The UN Framework Convention for Climate Change (UNFCCC) issued 395286 carbon credits worth 3.56 million US Dollar to two Bangladeshi organisations.

Carbon Credit winner Bangladesh organisations.

-Infrastructure Development Company Ltd (IDCOL) and Grameen Shakti are the two organisations that won the carbon credits. The UNFCCC has issued  carbon credits to the IDCOL and 182804 credits to Grameen Shakti.

IDCOL and GRAMEEN SHAKTI.

-IDCOL is a state-owned development financial institution dedicated to promote and finance infrastructure and renewable energy projects
- Grameen Shakti, set up by Nobel Laureate Prof Muhammad Yunus, aims to take clean solar power systems AND communication technology to villages.

Support of International Organizations to Solar systems of Bangladesh.

-World Bank and Global Environment Facility (GEF), Bangladesh has installed around 6 million small solar home systems covering over 10 percent of its 160 million population.

Uniqueness of Bangladesh

-One of the lowest carbon emitters and one of the most climate-change vulnerable countries, Bangladesh has emerged as one of fastest growing solar energy users with rural households using renewable energy for lighting, running fans and TVs and charging mobile phones.