Carbon markets key to BD’s green growth: Experts

Experts highlighted the potential of carbon markets to boost climate investments and promote sustainable growth in Bangladesh.

They made the remarks while speaking at a dialogue titled “ClimateTalk: Exploring a Robust Carbon Market in Bangladesh”, hosted by the Embassy of Denmark at Bay Edge Gallery in the capital’s Gulshan 2 on Thursday.

Speaking at the event, Danish Ambassador to Bangladesh Christian Brix Møller noted that while Bangladesh contributes less than 0.4% of global greenhouse gas emissions, it faces some of the world’s most severe climate risks.

“This represents both a climate injustice and an opportunity for leadership and investment. With the right partnerships and policies, Bangladesh can turn climate challenges into sustainable, inclusive growth, with carbon markets playing a central role in this transformation,” he said.

The envoy reaffirmed Denmark’s commitment to backing Bangladesh’s green transition.

“To create a credible carbon market, strong institutions, clear policies, and collaboration across government, private sector, civil society, and international partners are essential. Today’s dialogue is a key step toward action,” he added.

Shaymal Barman, consultant and carbon market specialist, said, “Carbon trading not only reduces emissions but also mobilises investment for sustainable development, creating economic growth pathways while helping Bangladesh meet its climate goals.”

Mirza Shawkat Ali, director at the Department of Environment, said, “Bangladesh can lead in climate solutions among developing countries. With its Carbon Market Framework, the country aims to attract investment, drive innovation, and ensure low-carbon development benefits both communities and the economy.”

Followed by a panel discussion, participants, including government officials, private sector leaders, academics, and development partners, explored how a credible carbon market could attract investment, reduce emissions, and accelerate Bangladesh’s green transition.

Besides, they also discussed how carbon trading can foster low-carbon development, enhance corporate sustainability, and support Bangladesh’s Nationally Determined Contributions under the Paris Agreement.

The event concluded with key takeaways highlighting how partnerships, strategic planning, and knowledge sharing can help Bangladesh turn climate challenges into sustainable economic opportunities.