Denmark backs Bangladesh’s low-carbon development vision

The Embassy of Denmark in Bangladesh hosted a dialogue entitled 'Climate Talk: Exploring a Robust Carbon Market in Bangladesh' at Bay Edge Gallery in Gulshan 2, Dhaka, bringing together more than eighty participants from government, the private sector, academia and development partners.

The session explored opportunities and challenges in establishing a credible and inclusive carbon market to support Bangladesh's transition towards low-carbon and climate-resilient development.

In his opening remarks, H.E. Christian Brix Møller, Ambassador of Denmark to Bangladesh, noted that although Bangladesh contributes less than 0.4 per cent of global greenhouse gas emissions, it remains among the most climate-vulnerable nations.

'This can be seen as climate injustice, but also as an opportunity for leadership and investment', he said. 'With the right partnerships and policies, Bangladesh can turn climate challenges into sustainable and inclusive growth. Carbon markets can play a central role in this transformation'.

Delivering the keynote presentation, Shaymal Barman, Consultant and Carbon Market Specialist, discussed the global relevance of carbon trading as both a mechanism for reducing emissions and mobilising investment.

'For countries like Bangladesh, establishing a credible carbon market can create pathways for economic growth while achieving climate goals', he added.

A panel discussion followed, with experts examining policy frameworks, institutional readiness, private sector engagement and mechanisms for transparency and credibility in the carbon market. Participants discussed how carbon trading can drive sustainable development and help achieve Bangladesh's Nationally Determined Contributions (NDCs) under the Paris Agreement.

Mirza Shawkat Ali, Director of Climate Change and International Convention at the Department of Environment, said:

'Bangladesh has the opportunity to position itself as a forerunner in climate solutions among developing nations. The country is developing a Carbon Market Framework to attract investment, promote innovation and ensure benefits for local communities and the economy', he said.

In his closing remarks, Ambassador Christian Brix Møller reaffirmed Denmark's support for Bangladesh's green transition, stressing that a credible carbon market requires strong institutions, clear policies and collaboration across all sectors.

The dialogue concluded with key takeaways to inform future policy discussions and capacity-building initiatives, underscoring that strategic partnerships and knowledge sharing can help Bangladesh transform climate challenges into sustainable economic opportunities.