Infrastructure Development Company Limited (Bangladesh)
IDCOL
TypeDirect (National)
Date of accreditation06 Jul 2017
The Infrastructure Development Company Limited (IDCOL) is a national entity in Bangladesh with a vision to help to ensure the economic development of the country and to improve the standard of living of the people of Bangladesh through sustainable and environmentally‐friendly investments. IDCOL has been promoting and financing in the private sector since its inception in 1997, focusing on infrastructure, renewable energy and energy efficiency projects.
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Accreditation timeline
Accreditation term 1
01 Aug 2019 - 31 Jul 2024
Accreditation date
06 Jul 2017
AMA execution date
12 Sep 2018
AMA effectiveness
01 Aug 2019
Term end date
31 Jul 2024
Entity details
Size
Micro
Small
Medium
Large
Environmental and social risk category
Category C
Category B
Category A
Intermediation 3
Intermediation 2
Intermediation 1
Fiduciary standards
Basic
Project management
Grant award
On-lending/blending:
Loan
Equity
Guarantee
Blending
Projects
FP150
Mitigation
Bangladesh
Promoting private sector investment through large scale adoption of energy saving technologies and equipment for Textile and Readymade Garment (RMG) sectors of Bangladesh
GCF and IDCOL sign key agreement on ambitious energy project
21 Jul 2022 / GCF and the Infrastructure Development Company Limited (Bangladesh) or IDCOL, have signed a critical agreement to implement a large-scale energy saving project for Bangladesh’s textile and garment industries.
The agreement was signed at the most recent GCF Board meeting, the first in person Board meeting to be held in the Republic of Korea since 2019.
GCF and World Bank partner to boost cookstove market in Bangladesh
26 Aug 2019 / The Green Climate Fund (GCF) and the World Bank have signed an agreement that will help expand the market for improved cookstoves in Bangladesh, bringing together a number of climate and health benefits.
The signing of the Funded Activity Agreement (FAA), which guide the implementation of approved GCF projects, marks a key milestone for the Global Clean Cooking Programme – Bangladesh initiative designed to reduce greenhouse gas emissions and deforestation, while also lessening health risks for Bangladesh people.
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