CIF Countries

Bangladesh, bordered by India and Myanmar and the Bay of Bengal in the south, consists mostly of low-lying and flat land with a network of more than 230 major rivers, as well as thousands of tributaries and canals. The country is extremely vulnerable to floods and riverbank erosions, earthquakes due to its location in a seismically active and high-risk region, seasonal droughts in the northwestern region that receives lower rainfall than the rest of the country, and devastating cyclones.

POPULATION:

164.69 Million (2020)

CO₂ EMISSIONS PER CAPITA:

0.5 CO₂ metric tons (2018)

SOURCE:

World Bank

CIF’s investments in Bangladesh are through its Pilot Program for Climate Resilience (PPCR), Scaling up Renewable Energy Program (SREP) and Forest Investment Program (FIP). In line with the government's poverty reduction and sustainable development objectives, the CIF funds are focused on climate resilience planning and projects across critical sectors and the development of domestic renewable energy resources.

The country's $110-million PPCR investment plan aims to improve climate-resilient agriculture and food security; strengthen reliability of water supply and sanitation, and enhance the resilience of coastal communities and infrastructure.

Bangladesh's $68-million SREP plan is helping to kickstart investments in utility-scale renewable energy projects and expand off-grid solar markets. By targeting regulatory, financial, and technical barriers, SREP financing aims to attract early investors, keep the cost of energy affordable for customers, and demonstrate market potential to stimulate future investment.

Through the CIF-TAF, there has been over $ 350,000 programmed for technical assistance activities in 2020 and 2021. The efforts range across provision of climate finance for financial institutions, to supporting regional scale up of solar PV.

FIP INVESTMENT PLAN FOR BANGLADESH

STRATEGIC PROGRAM FOR CLIMATE RESILIENCE BANGLADESH

SREP INVESTMET PLAN FOR BANGLADESH

NO. OF CIF-APPROVED PROJECTS

CIF APPROVED FUNDING

$190.64M

Expected Co-financing

$1.85B

Sources of Expected Co-financing

Government

19.09% (353.27M)

MDB

62.38% (1.15B)

Private Sector

4.07% (75.4M)

Bilaterals + Others

14.45% (267.49M)

Source	Data
Government	19.09% (353.27M)
MDB	62.38% (1.15B)
Private Sector	4.07% (75.4M)
Bilaterals + Others	14.45% (267.49M)

CIF Investments by Program

CTF

8% (15.77M)

PPCR

56% (106.91M)

SREP

36% (67.95M)

Program	Data
CTF	8% (15.77M)
PPCR	56% (106.91M)
SREP	36% (67.95M)

Data as of December 31, 2023

Country Snapshot

FIP	PPCR	SREP
INVESTMENT PLAN Bangladesh - Investment Plan \| Presentation Endorsed by the Sub-Committee on December 14, 2017 (Decision)	INVESTMENT PLAN Bangladesh - Strategic Program for Climate Resilience (PPCR) Endorsed by the Sub-Committee on November 10, 2010 (Decision)	INVESTMENT PLAN Bangladesh Investment Plan \| Presentation Endorsed by the Sub-Committee on November 11, 2015 (Decision)
COUNTRY MISSIONS Joint Mission: January 4-12, 2017 Terms of Reference \| Completion Report Scoping Mission: October 17-20, 2016 Notification \| Terms of Reference \| Completion Report Scoping Mission: January 19-21, 2016 Terms of Reference \| Completion Report	COUNTRY MISSIONS First Joint Mission: February 1-14, 2010 Terms of Reference \| Completion Report Second Joint Mission: August 23-September 2, 2010 Terms of Reference \| Completion Report \| Signed Letter	COUNTRY MISSIONS Joint Mission: July 27 - 30, 2015 Terms of Reference \| Completion Report Scoping Mission: January 26-28, 2015 Terms of Reference \| Completion Report
COMMENTS FROM THE SUB-COMMITTEE NA	COMMENTS FROM THE SUB-COMMITTEE Germany (November 21, 2010) United Kingdom (December 2, 2010)	COMMENTS FROM THE SUB-COMMITTEE NA