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Search Results for: green financing

DBS collaborates with Inditex to launch organic cotton procurement financing programme
A pilot organic cotton procurement financing programme will be launched by DBS bank in partnership with Zara’s owner Inditex which will disburse payment to over 2,000 farmers in India. The
Central Bank of Bangladesh to set up US$500 mn textile green fund
With an aim to bring benefit to the country's vertically integrated knitting mills that operate their own dyeing and finishing facilities, the Central Bank of Bangladesh will create a US$500 million
Third edition of Sustainable Apparel Forum to take place on May 10
The Bangladesh Apparel Exchange will host the third edition of the Sustainable Apparel Forum (SAF) on May 10, 2022, at the International Convention City in Bashundhara, Dhaka, with guests and
Epic Group signs a sustainability-linked trade agreement with HSBC
Garment manufacturing giant, Epic Group, has signed a sustainability-linked trade finance agreement with HSBC, with pricing tied to the company's environmental performance. The funds will be used
China sees success in non-fossil energy and carbon neutrality
According to an official document, China has made significant progress in non-fossil energy and has hastened the transition to a low-carbon energy mix. To attain carbon neutrality, the country has
Regenagri to assist textile growers in monetizing regenerative farming with new digital hub
Global regenerative agriculture initiative, regenagri®, is teaming up with Cool Farm Alliance, an environmental calculator for farmers, to launch a new version of its digital hub, regenagri 2.0,
Bangladesh RMG manufacturing turning to sustainable manufacturing
As global consumers are becoming more and more cautious on environment and global retailers are looking for suppliers of apparel produced in eco-friendly factories. Bangladesh’s apparel
Workshop held to showcase energy efficient technology in RMG sector
A workshop titled ‘Solar PV & LED Lighting’ was held on Wednesday under the Partnership for Cleaner Textile (PaCT) programme of World Bank Group’s International Finance
BB to offer low cost funds to help textile factories adopt eco-friendly technologies and practices
Policy Research Institute (PRI) of Bangladesh in Dhaka organised a seminar to discuss on "access to finance: environmental sustainability in the textile sector" in association with the International
RE&UP to enhance textile recycling capacity
Sanko Group's RE&UP Recycling Technologies has secured a €70 million ($75.98 million) loan from Proparco to scale its next-generation recycled fiber production and textile recycling capacity,
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