Securing Green Transition of the Textile and RMG Sector in Bangladesh

Research Report

Dialogue Brief

EVENTS

Comprehensive green transition strategy is required for the textile and RMG...

October 3, 2023

Bangladesh’s export-driven textile and Readymade Garments (RMG) sector is a key economic driver, contributing significantly to employment and foreign exchange. In FY2022–23, the RMG sector alone generated USD 46.99 billion, making up 84.58 per cent of foreign exchange earnings and 10.35 per cent of Gross Domestic Product (GDP).

Greening of the textile and RMG sector is crucial for Bangladesh’s...

January 30, 2022

The objective of the programme is to contribute towards the enhancement of environmentally sustainable and climate-neutral growth in Bangladesh with productive employment opportunities for women and youth. The programme will explore barriers to green transformation, review existing fiscal measures, identify best practices suitable for green transformation

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ABOUT

Centre for Policy Dialogue (CPD) has undertaken a programme titled “Securing Green Transition of the Textile and Readymade Garments Sector in Bangladesh” in collaboration with the Embassy of Sweden in Bangladesh. With three decades of work experience on several areas including macroeconomic and sectoral issues, climate change, environment, and green growth, CPD is committed to undertake programmes which contribute to a green transition of Bangladesh economy. In connection with Sweden’s strong concern over social and environmental issues and subsequent commitments towards Bangladesh’s RMG sector, Sweden Embassy has teamed up with CPD for this programme.

OBJECTIVES

WHY GREEN TRANSITION?

The textile and RMG industry is one of the most resource-intensive sectors. The sector has a high potential to contribute towards achieving Bangladesh’s climate goals through emission reduction. Greening will help the sector to comply with the growing demand of buyers and brands to be clean and green. Green transition will also enhance an environmentally sustainable and climate-neutral growth in Bangladesh with productive employment opportunities for women and youth.

APPROACH

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