Speakers at a seminar yesterday stressed the need for taking necessary steps for adoption of more projects under Clean Development Mechanism (CDM) to ensure sustainable development of the country.
International carbon market will be one of the main financial sources for the country's development if the government adopts CDM projects, they opined.
The development experts also underlined the importance of creating awareness among the people for expanding CDM removing technical management barriers.
GTZ, a German-based NGO, organised the seminar on 'Bangladesh CDM: Experience and Doing in Future' at a city hotel.
State Minister for Forest and Environment Hasan Mahmud, FBCCI President Annisul Huq and GTZ Programme Coordinator Erich Otto Gomm were present.
The minister said CDM process should be presented before the people in an easy and comprehensible manner to get the maximum benefit from the projects.
Though the developing countries are supposed to get fund from the United Nations to develop clean technology under CDM, a few developing countries like India and China got the lion's share from the fund, he added.
Hasan said about 80 percent of the CDM projects taken by the UN were implemented in China and India.
“Developing countries like Bangladesh failed to reap the benefit from the system for lack of proper knowledge about the complex CDM process.”
Bangladesh has ample opportunity to develop the CDM projects, he said, adding that the government has already given training to the government officials concerned for implementing the CDM projects in the country.