As part of the forum, four Japanese and Bangladeshi companies presented JCM-aligned project concepts, highlighting a range of technology-based and nature-based solutions with significant mitigation potential in Bangladesh. The presentations underscored the largely untapped opportunities for deploying JCM projects in Bangladesh through bilateral cooperation and private-sector engagement.
Technology-based Solutions:
1. Agrivoltaics by Bright Green Energy Foundation (BGEF), Bangladesh –
An agrivoltaic-based JCM project concept for Bangladesh was presented, highlighting its alignment with the Renewable Energy Policy 2025, which targets 20% renewable energy by 2030 and 30% by 2040. The initiative addresses land scarcity by combining solar power generation with agricultural activities, enabling dual land use for food and energy production. Drawing on successful agrivoltaic models in Japan, a 1 MW project concept was introduced, building on an ongoing pilot in Manikganj. The project aims to support local energy needs, promote inclusive agricultural growth, create jobs, and deliver social benefits such as community development and women’s empowerment. The project is expected to mitigate 854 tCO2/year.
2. Mangrove afforestation by Institute for Water Modeling (IWM), Bangladesh
A nature-based Blue Carbon initiative focused on mangrove afforestation was presented to protect Bangladesh’s coastal areas, enhance climate resilience, and sequester greenhouse gases. The project aims to restore 30,000 hectares of mangrove forests, with an estimated sequestration potential of 17 million tons of CO₂ over 20 years, while aligning with Bangladesh’s NDC3 commitments and the SDGs. Implemented through international and local collaboration, the initiative integrates community development by reinvesting carbon credit revenues into essential services such as clean water, healthcare, and education.
3. Waste to Energy by JFE Engineering, Japan –
A JCM-based waste-to-energy project concept for Chattogram City was presented, highlighting the urgent need to address the city’s daily generation of around 3,000 tons of waste and the associated environmental and public health challenges. The project aims to convert waste into clean electricity, reducing greenhouse gas emissions while improving waste management, drawing on a successful model implemented in Vietnam that generates 11.6 MW of power and cuts 42,000 tons of CO₂ annually. Leveraging proven experience in operational JCM waste-to-energy projects, the initiative seeks to reduce landfill emissions, displace fossil fuel–based electricity, and enhance economic viability through JCM financing. The project encourages collaboration with Bangladeshi public and private stakeholders to implement this climate and environmental solution.
4. Alternate Wetting and Drying in paddy field, Ryobi Systems, Japan
The Alternate Wetting and Drying (AWD) practice in paddy fields was presented as a sustainable agricultural approach that integrates efficient water management with digital technologies to enhance rice production and reduce emissions. The proposed JCM project concept plans to implement AWD across 5,600 hectares and is expected to achieve a 20% increase in yields and a 40% reduction in methane emissions. The AWD-based carbon credit model demonstrates strong potential for scaling up climate-smart and economically viable agricultural practices across Bangladesh.