Deal targets Bangladesh textile decarbonisation

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Bangladesh’s garment trade body signs decarbonisation agreement with Spanish machinery marketplace to cut factory emissions 

Bangladesh knitwear factory
Bangladesh exporters often charge more than 10% lower prices in the US and absorb customs duties.

DHAKA – The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has signed a memorandum of understanding with Spanish decarbonisation platform IVY Decarb Marketplace SL to advance industrial decarbonisation and machinery modernisation across Bangladesh's ready-made garment (RMG) sector.

The MoU, signed in Dhaka on 6th May 2026, was formalised between BGMEA vice president Vidiya Amrit Khan and IVY Decarb managing director José Manuel Caballero.

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