ESS disclosure report form for subprojects

The report discloses the environmental and social status of a subproject to expand textile fabric production capacity at Paramount Textile PLC in Gazipur, Bangladesh. Classified as GCF Category B, the project includes an Environmental and Social Impact Assessment (ESIA) and an Environmental and Social Management Plan (ESMP), both disclosed on 24 February 2026 in Bangla and English. The document confirms that no Land Acquisition and Resettlement Action Plan (LARAP) or Indigenous Peoples Plan (IPP) is required because the expansion occurs on vacant land owned by the company and no indigenous communities were identified in the project influence area.

• The subproject, titled 'Financing Energy-Efficient Equipment to Expand Textile Fabric Production Capacity to 6.60 Million Woven Fabrics per Month at Paramount Textile PLC', is located in Gillarchala, Sreepur, Gazipur, Bangladesh and is classified as GCF Category B.
• The Environmental and Social Impact Assessment (ESIA) and Environmental and Social Management Plan (ESMP) were disclosed on the Infrastructure Development Company Limited (IDCOL) website on 24 February 2026 in both Bangla and English.
• A Land Acquisition and Resettlement Action Plan (LARAP) is not required because the project expansion will take place on vacant land already owned by Paramount Textile within the existing project boundary.
• An Indigenous Peoples Plan (IPP) is not required as no documented settlements of indigenous communities or small ethnic groups were found within or around the project influence area.

APA

Green Climate Fund (2026). ESS disclosure report form for subprojects. https://www.greenclimate.fund/sites/default/files/document/fp150-subproject-disclosure-ae-paramount-textile-plc-final.pdf

Chicago

Green Climate Fund. ESS disclosure report form for subprojects. 2026. https://www.greenclimate.fund/sites/default/files/document/fp150-subproject-disclosure-ae-paramount-textile-plc-final.pdf.

Wikipedia

{{cite report |author=Green Climate Fund |title=ESS disclosure report form for subprojects |date=24 February 2026 |url=https://www.greenclimate.fund/sites/default/files/document/fp150-subproject-disclosure-ae-paramount-textile-plc-final.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{greenclimatefund2026ess, author = {{Green Climate Fund}}, title = {{ESS disclosure report form for subprojects}}, institution = {Green Climate Fund}, year = {2026}, month = feb, url = {https://www.greenclimate.fund/sites/default/files/document/fp150-subproject-disclosure-ae-paramount-textile-plc-final.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }