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Rooftop solar has become a low-hanging fruit as it is economically viable since the cost of solar energy is now lower than commercial grid tariff.
They came up with this remark while speaking at a seminar on ‘Pathway to net zero and the role of industry and commerce’ organized by Bangladesh German Chamber of Commerce and Industry (BGCCI) at the Sheraton Hotel on Monday.
At the seminar, the panel discussed the need for buyers to financially remunerate efforts made by the supplier for greener production in the RMG sector.
The fact that a piece of clothing was made in a sustainable factory should trigger a label the same way as a pair of jeans made of organic cotton does leading to a higher price.
Prof Dr Saleemul Huq, OBE, delivered his keynote paper pointing out that climate change is very real and it is here right now, citing the recent flooding in Pakistan as an example.
He clarified that this disaster was not caused by climate change but significantly intensified it and occurring more often due to the effects of climate change.
BGCCI Senior Vice President Tarun Patwary pointed to Bangladesh’s commitment to net zero by 2050.
Presiding over the function, BGCCI Vice President Dr Sebastian Groh said sustainability is core to the future of Bangladesh. Addressing the business leaders present he stated that CSR is now 2.5 percent of the profit but sustainability will be 100 percent of the future revenue.
Managing Director of the climate tech company SOLshare explained that while a critical mass of the world's largest companies and countries has already made net zero pledges, it is not always clear what that exactly entails.
Speaking as the Chief Guest, Mayor of Dhaka North Atiqul Islam delivered a passionate address stressing that now the risks and dangers of climate change are clear. “We need to jointly find immediate solutions.”
He particularly mentioned the need for introducing safe and efficient school bus services, powered through apps similar to those used by ride-sharing companies, and ideally electric.
Atiqul also said he is fighting for cleaning up the city’s canals and looking for solutions that can cover canals with solar PV panels to reduce evaporation allowing more water flow.
