Bangladesh, Oct. 31 -- A multi-stakeholder working group has been formed to improve access to green and sustainable finance for small and medium enterprises (SMEs) in Bangladesh, as limited financing, complex regulatory procedures and inadequate technological capacity continue to hinder their transition to environmentally sustainable business practices.

The SME Green Transition Working Group (GTWG), initiated by Business Initiative Leading Development (BUILD) in collaboration with the United Nations Capital Development Fund (UNCDF), will focus on developing practical solutions to accelerate the adoption of resource-efficient technologies and climate-friendly production methods.

The initiative was launched at an inception workshop in Dha...