Ambassador Salahuddin Noman Chowdhury. -File Photo

DHAKA, April 29, 2025 (BSS) - The Permanent Representative of Bangladesh to 
the United Nations and Ambassador Salahuddin Noman Chowdhury today emphasized 
the potential of social business as an innovative tool for mobilizing private 
investment for sustainable development. 

He underscored the transformative role of social business in aligning private 
capital with positive social impact while addressing a panel discussion at 
the ECOSOC Forum on Financing for Development (FFD Forum) at the UN 
Headquarters, a press release said.

Ambassador Chowdhury presented social business as a proven model, pioneered 
by the Chief Adviser (CA) of Bangladesh Professor Muhammad Yunus where the 
investments target social outcomes rather than personal profit.

According to the release, Bangladesh's experience demonstrates how this model 
has successfully mobilized private resources to empower women, support 
vulnerable communities and address critical challenges in sectors such as 
food security, health, education and renewable energy.

The Bangladesh PR also stressed the need to expand support for innovative 
financing instruments and to create an enabling ecosystem through appropriate 
policies, blended finance tools and de-risking mechanisms.

The envoy is leading Bangladesh's interministerial delegation to the FFD 
Forum and the Fourth Preparatory Committee Meeting of the Fourth 
International Conference on Financing for Development (FfD4).

Bangladesh is actively engaged in the FfD4 negotiations and anticipates 
participation in the conference at the highest level.