The urgency to move away from fossil fuels and into renewables isn’t just about climate change anymore.
Target set to meet 20% of power demand from green sources by 2030
There is a huge scope for green employment opportunities in Bangladesh.
Renewable energy accounts for only about 4.5 percent of total installed capacity in Bangladesh.
The European Investment Bank (EIB) has committed to providing €350 million in loans to support renewable energy projects in Bangladesh, with the European Union contributing an additional €45 million in grants.
The long-awaited draft of the new Renewable Energy Policy (REP) 2025 was published in February, inviting suggestions and advice for refinement.
The Policy Exchange Bangladesh organises policy dialogue on Bangladesh’s future
2024 is the warmest year on record, surpassing the Paris Agreement's 1.5°C threshold.
The challenges are multifaceted, from a heavy reliance on fossil fuels to inefficiencies within factory operations.
Conventional finance alone will not help our nation to achieve its full renewable energy potential.
The share of renewable energy is projected at merely 11 and 16 percent in 2041 and 2050.
Bangladesh’s progress towards switching to renewable energy has remained slow and uncertain.
With the state of the climate crisis, renewable energy will be very important going forward.
El Nino, La Nina, wildfire, floods, heatwaves – all these terms have been plastered on every news source, both digital and print for the past few years. It seems that the detrimental effects of global climate change have dawned upon us, it is not a phenomenon that “may happen” in the distant future.
With the investments, CIP and COP, the global leaders in renewable energy, proposed to develop a commercial, utility-scale offshore wind project off the coast of the Bay of Bengal, COP said in a press release yesterday.
The government will continue to provide incentives to 12 sectors as an alternative to direct cash support on export receipts with a view to helping exporters tackle potential challenges in the post-LDC era, a top official said yesterday.
The government must phase out inefficient power plants, rethink energy policy
Nature wants to be treated right and climate change impacts will become even harsher if positive changes are not incorporated in the current practices.
It is time to reduce our dependence on fossil fuels altogether.
