Green finance is a subset of sustainable finance that specifically focuses on financing projects and initiatives that have a positive environmental impact. This includes investments in renewable energy, energy efficiency, green agriculture, green CMSME and clean transportation, among others. Green finance aims to channel capital towards activities that contribute to the transition to a low-carbon, resource-efficient, and climate-resilient economy.
Trust Bank PLC realizes that green finance encompasses a variety of financial instruments, including green bonds and green loans, as set up by Bangladesh Bank. The growth of green finance has been driven by increasing demand day by day.
Trust Bank PLC is committed to finance in environment friendly and energy efficient projects. We strongly believe that growth should be sustainable. The green growth cannot be achieved without green investment. It is mentionable that Trust Bank has started contributing in the renewable energy sector through financing in Bio-gas plant and Solar-home system.
Trust Bank PLC is also committed to practice digital, nearly paperless, green banking operations by making best use of the information technology and related professional skills. We widely practice mobile banking and internet banking with an advanced technology and platform.
Trust Bank PLC has developed various green products (Trust Shufola is one of them) for financing in green sector which is directly or indirectly contributing to the reduction of carbon emissions and increasing the net of financial inclusion.
Composition of Total Green Finance as on 31 December, 2024.
GREEN FINANCE PERFORMANCE
Our green finance initiatives have been equally impactful, with a focus on financing projects that deliver measurable environmental benefits. In 2024, we disbursed BDT 2,989.18 million.
This investment supported projects in LEED certified industry, Energy & resource efficiency project, Circular Economy & Eco-Projects Financing (Recycling & Recyclable Product), Ensuring work environment and security of factories workers, Effluent treatment plant (ETP), Environment friendly brick production, Renewable energy (Biogas plant, solar home system & solar irrigation pumping system) etc.
Disbursement composition in Green Finance (2021-2024)
