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BGMEA signs PaCT 2nd phase with IFC for green production
04 Oct '17
2 min read
The International Finance Corporation (IFC) recently signed a pact with the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) to implement the second Partnership for Cleaner Textile (PaCT) in 250 spinning, dyeing and finishing units. Started in 2013, PaCT advises factories to adopt modern technologies and reduce water and energy consumption.
The IFC will spend $7 million for implementing the second phase of the programme. The first one was implemented in 215 factories at a cost of $11 million, according to Bangladesh media reports.
PaCT is the largest textile-based resource efficiency programme in the world, according to Alexios Pantelias, manager of energy and water advisory services of the IFC, the World Bank’s arm that lends to the private sector.
Despite having one of the lowest per capita carbon dioxide emissions, Bangladesh has stepped up its environmental sustainability initiatives, he said.
At present, Bangladesh has 67 green garment factories, and 280 more are in the pipeline, said BGMEA president Siddiqur Rahman, who signed the agreement with IFC country manager Wendy Jo Werner.
The other benefits of the programme include better productivity, investment with higher return and cleaner environment for community, said Nishat Shahid Chowdhury, IFC programme manager for PaCT.
In its first phase, PaCT helped save 21.6 billion litres of water, which is equivalent to average annual water use for 840,000 people in Bangladesh. It also saved 2.5 million megawatt hours of energy per year, equivalent to 5.4 per cent of total national grid output of Bangladesh in 2015-2016, Chowdhury added.
During the second phase, IFC is targeting to save 32 million cubic litres of water annually and 3.8 million megawatt hours of electricity in 250 weaving, spinning, wet dyeing and finishing factories. It aims to annually reduce greenhouse gas emissions by 701,588 tonnes, wastewater discharge by 28.8 million cubic litres and chemical use by 10,000 tonnes. (DS)
The IFC will spend $7 million for implementing the second phase of the programme. The first one was implemented in 215 factories at a cost of $11 million, according to Bangladesh media reports.
PaCT is the largest textile-based resource efficiency programme in the world, according to Alexios Pantelias, manager of energy and water advisory services of the IFC, the World Bank’s arm that lends to the private sector.
Despite having one of the lowest per capita carbon dioxide emissions, Bangladesh has stepped up its environmental sustainability initiatives, he said.
At present, Bangladesh has 67 green garment factories, and 280 more are in the pipeline, said BGMEA president Siddiqur Rahman, who signed the agreement with IFC country manager Wendy Jo Werner.
The other benefits of the programme include better productivity, investment with higher return and cleaner environment for community, said Nishat Shahid Chowdhury, IFC programme manager for PaCT.
In its first phase, PaCT helped save 21.6 billion litres of water, which is equivalent to average annual water use for 840,000 people in Bangladesh. It also saved 2.5 million megawatt hours of energy per year, equivalent to 5.4 per cent of total national grid output of Bangladesh in 2015-2016, Chowdhury added.
During the second phase, IFC is targeting to save 32 million cubic litres of water annually and 3.8 million megawatt hours of electricity in 250 weaving, spinning, wet dyeing and finishing factories. It aims to annually reduce greenhouse gas emissions by 701,588 tonnes, wastewater discharge by 28.8 million cubic litres and chemical use by 10,000 tonnes. (DS)
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