Government is going to launch 'Orange Bond' with UNDP and IIX to facilitate climate and inclusive activities. Although it is common in many countries of the world, financing like Orange Bond is the first time in Bangladesh. This new type of initiative will issue up to 1 billion sustainable bonds to address gender equality, climate change and work for economic development. This information was informed in a consultation meeting on Thursday.

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Dr. Finance Advisor was the chief guest in a consultation meeting titled 'Rebuilding and Inclusive Bangladesh with Orange Bond' at a hotel in the capital regarding the introduction of Orange Bonds in the country. Salehuddin Ahmed. The special guest was the secretary of finance department. Mohammad Khairuzzaman Majumder, Economic Relations Department (ERD) Secretary Shahriar Quader Siddiqui and Principal Adviser's Office of SDGs Coordinator Lamia Morshed. It was addressed by UNDP Resident Representative Stefan Liller, Cedar Head of Development Cooperation and Deputy Head of Mission Maria Stridesman and IIX Founder Professor Durin Shahnaz.

Dr. Salehuddin Ahmed said, We are working to strengthen the economic ecosystem by investing 1 billion dollars in important sectors like garments, green infrastructure and agriculture. This will facilitate private sector investment in achieving the Sustainable Development Goals. May inspire others to work together in the future.

It was said in the meeting that climate funds must be collected from multiple sources to continue the development journey of Bangladesh. These include private sector engagement in climate finance and issues such as climate risk insurance, Islamic finance, thematic bonds, blended finance and carbon trading. Investments are needed to deal with water-changes, which will not only address the challenges but also help create jobs.