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South Asia

Bangladesh, a beneficiary of adaptation funding

Arastoo Khan's picture

This week marked another milestone in Bangladesh’s fight against climate change. Bangladesh with its long coastline and high poverty rates is among those countries most at risk from climate change. This week we got some good news on the climate front: Bangladesh was one of the three countries for which the Pilot Program on Climate Resilience (PPCR) was approved. The country will receive a total of US$50 million in grant and US$60 million in near zero-interest credits to pilot climate resilience strategies.

 

The PPCR was created to help highly vulnerable countries to pilot and demonstrate ways to integrate climate risk and resilience into core development planning. It is under the broader umbrella US$6.4 billion Climate Investment Funds (CIF), created in 2008 to finance climate resilience strategies. Today, it is one of just a handful of funds available for adaptation. The CIF’s   partners—donor countries, funding recipients, and five multilateral development banks—were meeting in Washington this week.

 

Until now there has been a spotty history of funding for climate change adaptation. We’ve hardly seen anything of the pledges made in Copenhagen (US$100 billion annually in the long term and US$30 billion as a fast-start fund). Money for adaptation is not even a fraction of what is needed. In this context, PPCR funds provide something real and timely for countries like Bangladesh for which adaptation is key to meeting the Millennium Development Goals.  

What Does It Take To Build A Wind Turbine Industry?

Anthony Lambkin's picture

Photo: Wind turbinesIn less than 10 years, firms in China, India and South Korea progressed from no wind turbine manufacturing experience to state-of-the-art wind turbine systems. Consider this: Goldwind from China installed 2,727 MW in 2009, a 140% increase on 2008 that saw its international market share rise to 7.2%. The Indian company Suzlon owns 9% of the global market share. What policies led to such robust domestic wind power development?

Last month, the International Finance Corporation's (IFC's) Cleantech Investment Program hosted Dr. Joanna Lewis, a professor at Georgetown University’s School of Foreign Service, to share research on the strategies used by wind power technology companies in China, India and South Korea to develop wind turbine technology. Lewis is working on a paper that details case studies of the current industry leaders in these three countries, including Suzlon (India), Goldwind (China), and Hyundai, Doosan and Daewoo (South Korea).

Bangladesh sets a world record – 5 million CFLs in a day, one bulb at a time!

Ashok Sarkar's picture

If you were in Bangladesh in June, you would have found teachers in schools, preachers in mosques, and ads in newspapers, television, loudspeakers and pamphlets, encouraging people to bring in their incandescent bulbs to exchange with new Compact Fluorescent Lamps (CFLs) – and encouraged they were! On Saturday, June 19th 2010, at over 1,400 rural and urban distribution centers spread across 27 districts, manned by teachers, utility workers and other volunteers, Bangladeshis collectively took home about five million high quality CFL bulbs, in the first round of distribution.

 

CFL bulbThey broke a record set by the British in January of 2008, for the most number of CFL bulbs distributed in a single day―some 4.5 million. In June, the Government and people of Bangladesh were inspired to do even better … and they did!

 

I was there to witness and watch this remarkable moment. What struck me as most impressive was that the entire process had the air of a popular election campaign. The mood throughout the country was festive, and people were happy to switch to CFLs and to help do what they could to improve the delicate electric power situation in Bangladesh.

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