Background 

Bangladesh has a growing young population, around 64% of its population aged below 35. However, despite their large numbers, many young people in Bangladesh face challenges in acquiring the necessary skills to secure employment. The education system in Bangladesh is often criticized for its lack of quality and relevance to the job market's needs. Many young people struggle to find employment due to a mismatch between the skills they have acquired through their education and the skills required by employers. However, the government of Bangladesh has recognized the importance of addressing youth unemployment and has implemented several programs and initiatives aimed at improving access to education, vocational training, and job opportunities for young people. Private sector organizations increasingly recognize the importance of addressing climate and environmental issues, not only for the planet's sake but also for their long-term sustainability and success. UNDP Bangladesh's ongoing engagement with major Private sector organizations (MNC and local conglomerate), including different business associations, paved the path for work jointly towards achieving SDGs-specifically, youth and women skilling, employment and entrepreneurship, circular economy, and achieving climate promise. This initiation plan (IP) will contribute to attaining future proof skills for the youth, ensure job placement, support entrepreneurship, enable circular economy and reduce carbon footprint for achieving net zero 2050 ambition.