Bangladesh Infrastructure Finance Fund Limited (BIFFL), a government owned non-banking financial institution signed a ‘Letter of Collaboration’ with Future Carbon Energy Services (FCES), working in Energy Efficiency and Carbon Management program under the United Nations Framework Convention on Climate Change (UNFCCC) Kyoto Protocol Agreement, at BIFFL premises, Kakrail, Dhaka , on 25-10-2017 to include the Brick Kilns projects financed by BIFFL in the Clean Development Mechanism (CDM) project of FCES titled ‘National Programme for Energy Efficiency Improvement in the Brick Manufacturing Sector in Bangladesh (UNFCCC PoA Ref: 10355)’.  

Mr. S. M. Formanul Islam, CEO of BIFFL and Mr. Raden Siddiqui, Managing Partner of FCES signed the agreement on behalf of the respective organizations.  

CDM of the UNFCCC binds the developing countries to promote the projects that reduce Greenhouse Gas (GHG) emissions, and offers them to gain the benefits in creation of job opportunities, entering new markets and strengthening ties between developed and developing countries;

 Aiming at focusing on the environmental hazards of conventional chimney based brick kilns, as well as the environment friendliness of tunnel kiln technology of the brick manufacturing sector, BIFFL is proud to be associated with this programme. The successful implementation of the programme will lead to the sustainable development of the target areas.