As of 2023, Bangladesh is among the top five countries with the largest potential for greenhouse gas emissions reductions in the apparel and textile industries, which accounts for more than 80% of the country’s foreign export revenue and are well-positioned to deliver significant emissions reductions nationwide. However, manufacturers face major financial constraints: a $6.6 billion investment is needed to cut emissions in half by 2030, but only $1.8 billion is currently available or anticipated, leaving a $4.8 billion gap.
Landscape and Opportunities to Finance the Decarbonization of Bangladesh's Apparel Manufacturing Sector - created in collaboration with Development Financial International, Inc. (DFI) - outlines how the country can close that gap and realize its decarbonization potential through strategic finance tools. It also identifies proven, cost-effective interventions such as rooftop solar, LED retrofits, and waste heat recovery, building a clear roadmap to cut industry emissions in half by 2030.