“Lighting Asia-Bangladesh,” a market-transforming collaborative initiative of Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, on behalf of the German Federal Ministry of Economic Cooperation and Development (BMZ), and International Finance Corporation (IFC), The World Bank Group,was launched on 29October 2014 at the Westin Dhaka.
The objective of the initiative is to promote off-grid solarlighting sources in areas of Bangladesh that are not served by the national electricity grid. Mr.Nasrul Hamid, MP, Honourable State Minister, Ministry of Power, Energy and Mineral Resources,spoke at the launch event as the Chief Guest.
Ms. Christine (Tina) Kimes, Operations Advisor, World Bank Bangladesh; Mr. Tobias Becker, Country Director, GIZ Bangladesh; and Mr.Mohinder Gulati, Chief Operating Officer, Sustainable Energy for All Initiative, also addressed the crowd. The GIZ and IFC supported‘’Lighting Asia-Bangladesh”programme seeks to reachlighting to poor people by catalyzing the private sector driven Pico PV system market in Bangladesh.
The program is designed as a series of interventions to alter market behavior, reach 2.5 million people, and displace at least 76,000 tons of CO2 by the end of 2017.The strategy is to encourage people to switch from traditional light sources like candles and kerosene lamps to quality-tested, environment-friendly, energy-efficient, cost-effective, healthier and safer options like solar lanterns.
GIZ and IFC will also work together to support companies that provide such off-grid lighting solutions, to enter the Bangladesh market. This might take the form of improving access to financing and reducing barriers to entry in the industry.