Experts have urged for drafting appropriate laws for corporate power purchase agreements, or CPPAs to reduce carbon emissions and eventually help achieve the transition to net zero emissions.
Experts said this on Monday at a panel discussion, titled Greening the Grid, organised by the mobile network operator at its Dhaka corporate office to bridge the policy gap and advocate for the CPPAs. They have also stressed that using renewable energy sources can help reduce carbon emissions.
During the programme, Hans Martin Hoegh Henrichsen, chief corporate affairs officer of Grameenphone said, “CPPAs are essential in achieving this objective and Grameenphone is committed to reducing its carbon emissions.”
He also discussed the difficulties that private sector organisations encounter in adhering to the CPPAs as well as their benefits, which include drawing in foreign direct investment and helping the government achieve its goals for renewable energy.
According to Grameenphone, Bangladesh’s aim of cutting carbon dioxide emissions by 50 per cent by 2030 from the baseline year of 2019 depends on CPPA policy revisions in the country.
Lawmaker Nahim Razzaq, the convenor of Climate Parliament Bangladesh, discussed the crucial policy changes required for the CPPAs and outlined Bangladesh’s current legislative framework.
He discussed the involvement of parliamentary committees in propelling policy reform in this domain.
Erik Solheim, former minister for environment and international development, Norway, shared insights from Norway’s grid greening experience and explored international best practices for Bangladesh to glean from in its transition towards renewable energy sources.
The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) recently unveiled its Sustainability Vision 2030, which aims to reduce 30 per cent of carbon emissions, ensure 50 per cent use of sustainable raw materials, and reduce 50 per cent of groundwater usage. This initiative is in line with the UNFCCC Fashion Charter commitments.
By 2030, the group also pledges to use 20 per cent renewable energy, reduce energy use by 30 per cent, and release zero toxic chemical emissions.
The number of green garment companies in Bangladesh’s RMG industry has grown significantly in recent years. Bangladesh boasts the biggest number of LEED-certified green garment manufacturers globally, with over 200 of them being platinum-rated.
Bharat Tex Special Report 2026 
