The US Agency for International Development (USAID) on Saturday launched a $17 million five-year, flagship clean project to improve access to affordable, reliable, and sustainable energy systems to promote transparent and efficient energy markets in Bangladesh,.
USAID Mission Director Derrick S. Brown and Chairman of Sustainable and Renewable Energy Development Authority (SREDA) of Bangladesh Mohammad Alauddin jointly inaugurated the project named Bangladesh Advancing Development Growth through Energy (BADGE).
"Through the BADGE activity, we aim to improve access to affordable, reliable, and sustainable energy systems and promote transparent and efficient energy markets," Brown said, according to US Embassy.
US see tremendous opportunity in powering countries like Bangladesh with clean energy," he added.
The event titled "US- Bangladesh Climate Mitigation and Energy Cooperation - Launch of USAID BADGE program," elaborated the details of the USAID's BADGE project to key energy stakeholders, representatives from the government, academicians, researchers, the private sector, and donors participated in the launching event.
BADGE is also a part of USAID's recently launched "Energizing a Net-Zero Asia" initiative that comprises seven new next-generation clean energy programs, totaling more than $200 million, to establish foundations for a net-zero energy grids in Asia.
The activity aims to create an enabling environment for development of advanced energy technologies, high performing energy institutions, increased regional energy trade, and transparent and best-valued energy procurement in Bangladesh.
BADGE is one of USAID's main activities to accelerate clean energy and net zero strategies in Bangladesh and achieve Asia EDGE's goals across the Indo-Pacific region.
The activity aims to create an enabling environment for development of advanced energy technologies, high performing energy institutions, increased regional energy trade, and transparent and best-valued energy procurement in Bangladesh.
BADGE is one of USAID's main activities to accelerate clean energy and net zero strategies in Bangladesh and achieve Asia EDGE's goals across the Indo-Pacific region.
