Achim Tröster, the German ambassador to Bangladesh, stated on Wednesday that his country will back the interim government’s reform plans and committed €600 million to the country’s renewable energy sector.

When the German Ambassador made Bangladesh Chief Adviser Prof. Muhammad Yunus a courtesy call at his Tejgaon office in Dhaka, he conveyed the support of his nation.

Germany has a long history of working with Bangladesh, and in the last several years, the country’s top development partner, providing aid totaling more than €1 billion, according to the envoy.

Tröster said the German support to Bangladesh would be demand-driven.

Germany has already proposed a concrete €50 million aid for renewable energy in Bangladesh, he said.

The ambassador said Germany would also lend 600 million Euro over a period of eight years for renewable energy, said the chief adviser’s press wing.

“This is a privileged program,” he said, adding Bangladesh is one of a handful of countries who have got this project aid.

Chief Adviser Prof Yunus recalled his long friendship with German leaders, saying he frequently attended the anniversaries of the fall of Berlin Wall.

Prof Yunus sought more German investment in Bangladesh and its expertise and technology to fight corruption.

He said the nation was united behind the students and youth who have ushered in a new era of hope for the country.

“Now we have to focus on their aspirations. We have to help them become entrepreneurs,” he said.

He said his government would be keen to cut any obstacles to German investment in Bangladesh. He sought more private German funding for renewable energy and green transition.

Lutfey Siddiqi, special envoy of the chief adviser on international affairs, briefed the German envoy about reforms in the Bangladesh Investment Development Authority.

He said German and Bangladesh firms can create a Green Corridor.