Since development cooperation between the two countries started in the 1970s, Germany has provided government funding worth a total of approx. 2.7 billion Euros for bilateral development projects. At the last intergovernmental negotiations in 2016, Germany pledged funding worth a total of 344.2 million Euros for bilateral projects in Bangladesh. The next negotionations will take place in September 2018.
The focal areas of cooperation that Bangladesh and Germany have agreed on are:
• Renewable Energy and Energy Efficiency: The economy in Bangladesh has shown tremendous growth over the recent years. In order to meet the increased energy demand and to achieve a sustainable economy, innovative solutions for the energy sector are needed. Germany offers to share its experience from its own transition to renewables.
• Good Governance, Rule of Law and Human Rights: Regarding Bangladesh’s RMG Sector, GDC has teamed up with private sector, employees, government, international partners and the ILO, as well as with civil society and the academia in order to improve the labor conditions in the factories.
GDC also collaborates with the government to improve the justice system. Paralegals are being trained to improve cooperation between courts, prisons, the police and underprivileged inmates in order to reduce periods of detention for under-trial prisoners and to prevent overcrowding of prisons.
• Adaptation to Climate Change in Urban Areas: Rapid urbanization and the effects of climate change, such as severe floods, drought, cyclones and sea level rise pose immense challenges for Bangladesh's already overburdened cities. Cities need to be prepared according to their specific needs and available resources. GDC supports its local government partners in coping with these challenges through planning and financing resilient infrastructure..
Aside from bilateral cooperation, Germany is making available funding through multilateral institutions (the European Union, the Asian Development Bank and United Nations, the World Bank Group, the International Labour Organization and the Food and Agriculture Organization). Civil society organizations also receive public funding to implement development Projects.