Building National Capacity to Enhance Access to Climate Finance in Bangladesh

Bangladesh Civil Service Administration Academy (BCSAA) is a public training institute that offers a wide range of courses throughout the year to civil servants at all levels. Bangladesh Institute of Bank Management (BIBM), supervised by the Central Bank, is another national training, research, consultancy and education institute on banking and finance for government owned and private financial institutions in Bangladesh. Under GCA support, a comprehensive masterclass on gender responsive climate finance will be developed and embedded within the regular training curriculum of these two institutions. GCA will engage global experts to design and develop the modules and delivery of three Training of Trainers (ToT) of respective faculty members of these institutions. GCA will also facilitate two pilot training courses once the modules are developed and approved by respective training institutions.
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  • Overview
  • Project goals
  • Timeline
  • Finance
  • Partners & Donors
  • Contacts

Adaptation Need

Bangladesh, one of the most vulnerable countries to climate change, has an urgent need for adaptation financing, including improved access to local, as well as global climate funds. To meet this need, the country must raise awareness of climate finance mechanisms, funding proposal requirements, and enhance the ability to design competitive, bankable proposals. This will significantly improve Bangladesh’s access to climate finance. 

The Government’s National Adaptation Plan (NAP) 2023-2050 outlines a strategic approach to addressing climate change impacts and improving adaptation. The NAP projects a financing need of USD 230 billion by 2050, with USD 8.5 billion required annually. Of this, USD 6 billion is expected to come from external sources, including international climate funds and development partners. Based on developed adaptation pathways and sectoral adaptation requirements of the country, a total of 113 priority interventions across 11 climate stress areas have been appraised in the NAP for implementation till 2050.  

However, there is a gap in the country’s awareness and relevant capacity to design bankable proposals, especially in articulating adaptation needs, which limits access to the private sector and critical global funds. The Government’s adoption of a climate finance framework and climate budgeting further underscores the importance of building capacity in this area.

GCA’s Added Value

The training modules on gender responsive climate finance developed under the project will create an enabling environment for creation of awareness and influencing the strategic decisions making of public administrators in Bangladesh. In addition, it will be embedded and institutionalized within standard course curriculum of two leading training institutions in Bangladesh and will be delivered to public administrators and relevant stakeholders. The Economic Relations Division (ERD) and Bangladesh Bank will actively involve as coordinators of the project that will strengthen country ownership for accessing climate change funds.

Total Investment Value Influenced
N/A
Beneficiaries
N/A
IFI Implementation period
2025 - 2026
Program
Adaptation Finance
Partners
Bangladesh Civil Service Administration Academy, Bangladesh Institute of Bank Management
Status
In progress
Countries
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Bangladesh
SDG contribution
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13 - Climate action
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17 - Partnerships for the goals

Project goals

Mainstreaming Adaptation and Resilience

The impacts of climate change will cascade through several key economic sectors in Bangladesh. Effective responses to climate impacts therefore need to be embedded across all these climate-vulnerable sectors. Public administrators managing these sectors need to understand the impacts of climate change, the most effective approaches for addressing them aligning with country priorities envisaged in national policies.   

Given that public administrators hold responsibility for different climate-vulnerable sectors at different points of their career, and at different levels, sensitizing them on local and global framework on climate change financing and demonstrating urgency for adaptation financing for Bangladesh, is vital for effective policymaking, planning for integrating adaptation approaches across sectors and finally accessing climate change funds from local and international sources. 

Since inception, both the training institutions (BCSAA and BIBM), there has been no training course developed and delivered on climate finance. With this project interventions, paradigm shift of thought process towards mainstreaming climate adaptation into strategic decision making will be ensured, that will ultimately lead to access more impactful adaptation finance for the most vulnerable sectors.

Expected Outcomes

  • Enhanced knowledge and skills required to develop bankable climate adaptation projects by mainstreaming gender in infrastructure and NbS focused investments identified in the NAP.
  • Awareness of various donor mechanisms and requirements for mainstreaming gender in climate adaptation funding. 
  • Improved understanding of proposal preparation and submission to support the implementation of adaptation strategies. 
  • Embedded course module on the gender responsive climate finance within the curriculum of BCSAA.

Timeline

GCA Support Status

Technical Assistance Preparation

GCA Support Implementation

GCA Support Completion

Monitoring

Finance

Project Investment Value

Total Investment Value

N/A

IFI Investment Value

N/A

Other Investment Value

N/A

Partners

Bangladesh Civil Service Administration Academy

Bangladesh Institute of Bank Management

Contacts

General media inquiries

Request for information