Two climate change mitigation projects receive GEF approvalAug 26, 2013
• Bangladesh: Third National Communication (TNC) to the UNFCCC
A new climate change mitigation project on “Bangladesh: Third National Communication (TNC) to the UNFCCC” received Global Environment Facility (GEF) clearance on 26 August 2013. The project, which amounts to a total of US$ 456,621, has received its final approval in accordance with the established GEF guidelines. The TNC is a continuation and an update of the work undertaken by Bangladesh in preparing its initial and Second National Communication (SNC), which were submitted to the CoP of the UNFCCC in 2002 and 2012 respectively. UNDP as a GEF agency worked with the government on SNC project. After its successful completion, GoB sought UNDP support for the new TNC project. This project will facilitate the integration of climate change concerns and will include components on national circumstances, Green House Gas inventories for 2006-1010, and other components, programmes and plans that are considered relevant towards achieving the objectives of the UNFCCC, and involve sharing of knowledge and experiences among communities and stakeholders from various socio-economic sectors.
• Sustainable Renewable Energy Power Generation (SREPGen) Project
The Development of Sustainable Renewable Energy Power Generation (SREPGen) Project has also been endorsed by the Global Environmental Facility (GEF) CEO in late August 2013. The objective of this USD 4.1 million project is to reduce the annual growth rate of GHG emissions from the fossil fuel-based power generation by exploiting Bangladesh’s renewable energy resources for electricity generation. The basic approach of the project will be to promote renewable energy in Bangladesh through the recently established Sustainable and Renewable Energy Development Authority (SREDA). The project document was finalized after a one year long Project Preparation Grant (PPG) consultation stage after which the finalized document was submitted to GEF Secretariat for approval. This new energy project will begin implementation in early 2014.