State Minister for Power, Energy and Mineral Resources Nasrul Hamid said that Bangladesh has been focusing on small initiatives such as rooftop solar, floating solar and solar irrigation in promoting renewable energy alongside larger projects.
“The government sets a roadmap for replacing 45,000 irrigation pumps by 2031. This will result in lowering diesel consumption and improving environment”, he told an event organised by the International Renewable Energy Agency (IRENA) titled: “Renewables for Climate Action: Launching the Empowering Lives and Livelihoods Initiative” in Dubai on Monday.
Read: Islami Bank holds workshop on ‘Cyber Security Protection’
He said the government has taken some bold steps by introducing the Mujib Climate Prosperity Plan.
This was adopted as part of a strategic plan to mobilise finance for international projects to minimise the effects of climate change.
The government has set a target to generate 40% of electricity from renewable sources by 2041.
He said that in line with IRENA's vision, Bangladesh is working to promote renewable energy for sustainable development.
Read: Reduced regulatory burdens, documentation processes to foster export diversification: Discussants
The government has formed a Sustainable and Renewable Energy Development Authority (Sreda) as part of the long-term goal to ensure energy security through renewable energy.
The event was addressed by Emirates Climate Change and Environment Minister Mariam Binte Mohammed Almehiri, Iceland's Climate Change, Environment and Energy Minister Gudlaugur Thor Tohardarson), Belgium’s Deputy Chief of Cabinet Dominique Perrin, Nepal’s Water and Energy Minister Shakti Hahadur Basnet and Indonesian Energy Mineral Resources Minister Arifin Tasrif.