BSS) - Prime Minister’s Special Assistant on Environment, Forest, and Climate Change Dr Saimum Parvez, has called for low-interest long-term financing, fair prices for green products and supportive trade policies to promote green industrialisation in least developed and vulnerable countries.

Speaking at a session on green industry at the UN Climate Change Conference (COP31) in Antalya, Türkiye, today, he said Bangladesh had demonstrated that green industrialisation was achievable even for a least developed country.

He said Bangladesh had more than 290 LEED-certified garment factories, including over 120 with Platinum ratings.

The country`s industrial facilities also had more than 600 megawatts of rooftop solar capacity.

Saimum said the government aimed to generate 10,000 megawatts of solar power by 2030 and meet 20 percent of electricity demand from renewable sources, increasing the share to 30 percent by 2040.

He said the government had withdrawn duties and taxes on solar equipment, facilitated low-cost financing and ensured fair prices for surplus rooftop electricity supplied to the national grid.

He also highlighted initiatives to develop a national carbon market, plant 250 million trees and restore 20,000 kilometres of rivers and canals.

He also called on developed countries to provide adequate time and support for developing nations to meet new environmental standards, particularly as Bangladesh prepares to graduate from the LDC category in 2029.

"From jute to electric vehicles, green industries will create our next growth story," he said.