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BGMEA, IVY Decarb Ink MoU on RMG Decarbonisation
Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and IVY Decarb Marketplace SL signed a Memorandum of Understanding (MoU) on Wednesday to strengthen collaboration on industrial decarbonisation, productivity improvement, and sustainable machinery transition in Bangladesh’s garment and textile sector.
The MoU was signed by Vidiya Amrit Khan, Vice President, BGMEA, and José Manuel Caballero, Managing Director, IVY Decarb Marketplace SL. The signing was witnessed by Shah Rayeed Chowdhury, Director, BGMEA, and Md. Masud Rana, Business Development Director, IVY Decarb.
Under this collaboration, BGMEA and IVY Decarb will work together to introduce the decarbonisation methodologies to BGMEA member factories, and support the sector in exploring advanced, energy-efficient industrial machinery.
The partnership will also focus on validating and strengthening IVY Decarb’s methodology for measuring productivity and sustainability impacts from textile machinery replacement, said a BGMEA press release today.
Speaking on the occasion, Vidiya Amrit Khan, Vice President of BGMEA, said that decarbonisation is no longer only an environmental priority; it is becoming a core competitiveness issue for Bangladesh’s RMG industry.
Through this collaboration with IVY Decarb, BGMEA aims to support its member factories in accessing knowledge, tools, and practical pathways for machinery modernization, improved efficiency, and measurable climate impact.
José Manuel Caballero, Managing Director of IVY Decarb Marketplace SL, stated that Bangladesh is one of the most important garment manufacturing hubs in the world, and BGMEA’s leadership in sustainability makes this partnership highly significant.
IVY Decarb is pleased to collaborate with BGMEA to support factories in identifying technology-driven opportunities that can reduce emissions, improve productivity, and connect industry actors with machinery, financing, and impact measurement solutions.
This partnership reflects BGMEA’s continued commitment to supporting Bangladesh’s apparel industry in its transition toward a more sustainable, resource-efficient, and globally competitive future.
It also marks another step in strengthening industry-level cooperation for practical decarbonisation solutions aligned with global sustainability requirements, reports BSS.