Bangladesh’s RE Goals at Risk Due to Continued Fossil Fuel Build-Up: CPD

Bangladesh’s renewable energy goals are at risk due to the country’s continued expansion of fossil fuel use, according to a new study by the Centre for Policy Dialogue (CPD). ‘Without a clear fossil fuel phase-outplan,the countrymay struggle to achieve its clean energy targets, despite setting a 30% renewable energy goal by 2040 under the newly drafted Renewable Energy Policy,’ the report warned. Launched in Dhaka recently, the report titled ‘Revisiting Targets Set for Renewable Energybased Power Generation by 2040: Projection of ‘SMART’ Target and Required Investment,’ highlighted that fossil fuel capacity is projected to exceed actual electricity demand by over 4,000 MW in 2030, creating inefficiencies and reducing space for renewable integration.

By 2040, Bangladesh will need 35,713 MW of renewable power capacity to meet its 30% target, yet current trajectories fall short.

However, CPD warned that fragmented policies and the absence of a fossil fuel exit strategy create uncertainty for both public and private investors.

BSREA, CIRDAP Sign MoU to Advance Clean Energy and Rural Development Across Asia-Pacific

The Bangladesh Sustainable and Renewable Energy Association (BSREA) and the Centre on Integrated Rural Development for Asia and the Pacific (CIRDAP) signed a landmark Memorandum of Understanding (MoU) recently at CIRDAP headquarters in Dhaka.

This agreement marks the first-ever partnership between a regional intergovernmental organization and a national renewable energy association to jointly promote rural development through clean energy across Asia and the Pacific.

Speaking at the signing ceremony, Mostafa Al Mahmud, President of BSREA, stated, ‘This partnership is both timely and significant.

Together with CIRDAP, we aim to empower farmers, cooperatives, and rural entrepreneurs by replacing diesel irrigation pumps, promoting solar households and villages, and introducing wind turbines in coastal areas.

This MoU will accelerate our shared commitment to sustainable livelihoods and climate resilience.’

Required Financing, Tech Assistance for Adaptation Still Far From Adequate: Rizwana

Environment Adviser Syeda Rizwana Hasan said the required financing and technological assistance for adaptation are still far from adequate. ‘As a deltaic and lower riparian country, Bangladesh is among the most climatevulnerable nations.

Our people are showing resilience and courage in the face of repeated disasters, but our capacity is being stretched due to insufficient mitigation efforts and inadequate international support,’ she said.

The Adviser made the remarks while speaking at an event titled ‘ B i o p h i l i a : R e c o n n e c t i n g People, Climate, and Culture’ hosted by the Embassy of Switzerland recently as part of its commitment to action against the climate crisis.

Biophilia showcased how community-led initiatives are best placed to address the impact of climate change on left behind communities, said the Embassy.

The day-long festival was also an opportunity to promote the Swiss-supported Climate Action at Local Level (CALL) program. Power, Energy and Mineral Resources Adviser Muhammad Fouzlul Kabir Khan attended as the chief reciter of the climate oath.

Fire at Nuclear Plant after Russia Downs Ukrainian Drone

Afire broke out recently at a Russian nuclear power plant after the country’s military downed a Ukrainian drone, the facility said after the blaze was put out.

The “device detonated” upon impact at the Kursk Nuclear Power Plant in western Russia, sparking a blaze which the facility said “was extinguished by fire crews”.

There were no casualties from the drone smashing down at the site, where capacity was reduced. “The radiation background at the industrial site of the Kursk NPP and the surrounding area has not changed and corresponds to natural levels,” the plant wrote on Telegram.

The International Atomic Energy Agency has repeatedly warned of the dangers of fighting around nuclear plants following Russia’s military offensive on Ukraine in February 2022.

Govt Advised to Delay TAPI Gas Intake amid LNG Surplus

In a significant development, Pakistan has been advised to delay any commitment to gas intake from Turkmenistan under the TurkmenistanAfghanistan-Pakistan-India (TAPI) pipeline project until at least 2031, The News reported on Friday.

The recommendation, by international energy consultancy Wood Mackenzie, comes as Pakistan is already facing a surplus of imported LNG, due to a dramatic decline in domestic gas consumption, a senior official from the Ministry of Energy told the scribe.

The advisory has sparked urgent deliberations within the Petroleum Division, where senior officials are now seriously considering either notifying Turkmenistan of a potential deferment or even withdrawing from the $13 billion TAPI gas pipeline.

The warning comes amid growing challenges in managing Pakistan’s existing LNG contracts and infrastructure.

Omera Petroleum to Acquire Totalgaz Bangladesh for Tk 227cr

Omera Petroleum Ltd, a subsidiary of MJL Bangladesh PLC, is going to acquire Premier LP Gas Ltd (PLPG), a leading operator in the liquefied petroleum gas (LPG) market under the brand name “Totalgaz Bangladesh”, for Tk 227 crore.

Omera will buy 99.995 percent of the shares of PLPG, and both have signed an agreement in this regard.

The acquisition is subject to regulatory approvals, according to a disclosure posted on the Dhaka Stock Exchange (DSE) website recently.

MJL Bangladesh said the move is expected to strengthen Omera’s LPG operations by leveraging PLPG’s existing infrastructure and its 1.6 million LPG cylinders. “This is anticipated to boost revenue and improve profitability in the LPG business segment,” it said.

Call for Tk10,000cr Renewables Fund to Minimize Banks’ Risk

Like the Covid recovery fund, the Bangladesh Bank should form a renewable energy fund of at least Tk10,000 crore with support from the national budget to reduce lenders’ risks, speakers said at a roundtable on 23 August.

They stressed that the central bank alone cannot shoulder the burden of promoting sustainable financing in the country.

The government must step in with fiscal support, such as funds and incentives, and ensure the availability of credible data to scale up green energy and sustainability-linked projects.

The roundtable, organized jointly by Oxfam and The Business Standard under the former’s fair financing initiative, underscored the urgent need for largescale financing to meet Bangladesh’s renewable energy ambitions.

Hasan Mehedi, member secretary of the Bangladesh Working Group on External Debt, pointed out that the government has recently decided to generate 3,000MW of solar power through a Rooftop Solar Program within this fiscal year.

The plan requires $2.4 billion (Tk29,280 crore) in financing in just 10 months.

Also, the revised Renewable Energy Policy 2025 targets to achieve a 20% renewable energy share by 2030 and 30% by 2040, which would need $7.2 billion (Tk87,230 crore) investment in the next five years.

Yunus Needs Help to Overcome All Caveats in Holding February Polls

F ebruary is the deadline set by the interim government of Professor Muhammad Yunus for holding parliamentary elections and handing over power to the elected people’s representatives. Yunus has promised to make next year’s vote free, fair, and festive.

Since the election roadmap was announced, the Nobel laureate has emphasized the importance of fulfilling his commitment to holding one of the country’s freest and fairest votes, to be remembered forever.

His press wing has reiterated that no power in Bangladesh can break the interim government’s vow to hold the balloting as per the schedule.

Instructions have already been given to the Election Commission to prepare for holding the vote, which, if held, will be the second such exercise in less than two years.

As we all know, the vote has to be held as the president dissolved the 13th parliament shortly after the fall of Sheikh Hasina’s Awami League-led government in the wake of the mass protests in August last year. Despite the government’s resolve, many in Bangladesh still have doubts about the elections being held on time or at all.

The political parties – minus the Awami League, whose activities have been suspended until the trial of its key leaders for crimes against humanity – have welcomed the announcement of the election roadmap, but the air of uncertainty is yet to clear.

The major players – BNP, Jamaat, and NCP – agree on the election schedule, but they have serious disagreements on how the July Charter would be implemented. Disagreements persist on the question of the professional representation (PR) system, which requires fundamental changes in the constitution.

BNP objects to PR either in a direct vote to elect the legislature or in electing the proposed Upper House. Converting the parliament into two Houses – Lower and Upper- is still on paper, and it’s far from being a reality. Yet debate on how the Upper House will be elected rages on, with the Consensus Commission finding it hard to bring the participating political parties to a consensus across the table. Jamaat, NCP, and several other parties insist that the legislature be elected through the proportional votes the contesting parties win in the election.

For example, if BNP gets 30 percent of the votes, it will get the same percentage of seats in the parliament.

The seats will thus be shared by the contesting parties in accordance with the number of votes they each poll.

The voters will cast ballots in favor of the party, not for any particular candidate.

The parties will distribute the seats among their chosen candidates on the basis of vote percentage.

This system, rare in any democracy, is complicated and entirely unknown to most of our voters.

However, it suits the smaller parties as it provides a step for them to get into the House, which, under the current system, remains an unreachable goal.

So when they press for the introduction of a PR system, there seems to be a ‘method in the madness’ syndrome. Last year’s political unity against Sheikh Hasina seems to be still strong, but questions about its solidity remain.

This has led to political uncertainty, deepened further by a deteriorating law and order characterized by mob violence.

Analysts join the political parties in the chorus for holding the general elections by February or risk plunging the nation into more chaos and into the darkness, not only politically but also socially and, most importantly, economically.

Under Yunus’s administration, the financial aspects of the economy are showing signs of a turnaround, but the growth has slowed down to 3.6 percent, with inflation showing no sign of a significant fall.

It has eased a bit, but more needs to be done to bring it under sustainable control.

The warning is that the country’s democratic aspirations will get a jolt if Yunus fails to hold the February polls. Preventive steps are urgent now before it gets out of hand.

What Is COP30 And Why Does It Matter For The Climate?

COP30, the UN’s climate change conference, is taking place this November inBrazil.It comes astheworldfacesthe increasingly devastating impacts of climate change and amid intense geopolitical turmoil.

A key task facing governments ahead of the conference is to submit new national climate plans, known as ‘Nationally Determined Contributions’ or ‘NDCs’. COP30 will likely also center around money, climate change adaptation, and the energy transition. With the US leaving the landmark Paris Agreement (for a second time), the conference will inevitably serve as a moment to take stock of how global climate efforts are proceeding in a highly challenging geopolitical context. What is a COP?

The ‘COP’ is the UN’s annual climate change conference.

It brings together nearly all countries in the world to negotiate the multilateral response to climate change and monitor progress made.

The word ‘COP’ is shorthand for ‘Conference of the Parties’, with the ‘Parties’ being the signatory governments to the UN Framework Convention on Climate Change (UNFCCC).

The ‘COP’ is the UN’s annual climate change conference.

It is shorthand for ‘Conference of the Parties.’ The first COP (COP1) took place in Berlin, Germany, in 1995.

The 30th COP (COP30) will be held in Belém, Brazil, from 10 to 21 November 2025.

The ‘Presidency’ of the COP rotates on an annual basis.

Brazil will preside over this year’s conference, andAndréAranha Corrêa do Lago, a Brazilian veteran climate diplomat, has been appointed COP30 President.

Brazil will formally assume the COP presidency from Azerbaijan (host of COP29) at the opening of the conference. Why is COP30 important?

Climate change is already causing severe devastationglobally, andastemperatures continue to rise, the risks are increasing too.

In the 2015 Paris Agreement, governments committedtolimitthe rise inthe global average temperature to ‘well below’ 2°C above pre-industrial levels, ideally 1.5°C. Progress towards these goalsis, however, way off track.

Every five years, the signatory governments to the Paris Agreement are requested to submit new national climate plans (Nationally Determined Contributions, NDCs).

These generally include a numerical target for how much a country should have reduced its emissionsby a certainyear(e.g,2030or2035).

SomeNDCs also contain adaptation measures and/or outline policies, strategies, and actions to promote low-emission development.

The idea is that, when put together, the NDCs should collectively be ambitious enough to keep warming in line with the goals of the Paris Agreement.

In 2025, a new round of NDCs is due.

Submitting these plans is arguably the most important task facing governments ahead of COP30, and the level of ambition of the NDCs will undoubtedly be one of the measures against which the success of the conference will be judged. Will countries’ NDCs be ambitious enough?

The formal deadline for submitting new NDCs was 10 February 2025, but 95 percent of governments missed it.

Since then, a handful of additional governments have submitted, but most have yet to do so – including major economies such as China and the EU.

Brazil is encouraging governments to publish theirplansby September2025,sothatthey can be incorporated into a stocktaking report that will be released ahead of COP30.

The lastsuch report was published in October 2024.

It is estimated that full implementation of the NDCs available at that point would lead to a 5.9 percent reduction in emissions by 2030, compared to the 2019 level.

For comparison, the UN’s Intergovernmental Panel on Climate Change (IPCC) estimates global emissions would need to fall by 43 percentby2030tobe inlinewiththe1.5°Ctarget.

There is,therefore, a largediscrepancybetween the targets needed and those that exist.

The NDCs submitted in the run-up to COP30 are unlikely to close this gap.

It will therefore be important for the conference to respond by setting out a pathway for accelerating climate action in the years ahead. What are the other key topics at COP30?

The money issue Developing countries need finance to reduce their emissions, adapt to the impacts of climate change, and deal with the devastation it is causing (known as ‘loss and damage’).

The provision of ‘climate finance’ therefore plays a critical role in the climate talks.

At COP29 in 2024, it was agreed that developed countries would ‘take the lead’ in mobilizing USD 300 billion per year by 2035 to support climate action in developing countries.

In addition, ‘all actors’ would work together to enable finance of at least USD 1.3 trillion annually – from all public and private sources – to flow to developing countries by that same year.

Azerbaijan and Brazil have been tasked with developing a roadmap to guide effortsto reach the USD 1.3 trillion.

This ‘Baku to Belém Roadmap’ will be released in October 2025 and discussed at a high-level event at COP30.

The roadmap is not subject to negotiation by governments, andthemeasuresitidentifieswill not be legally binding.

It does, however, have the potential to inject positive momentum into the climate talks and facilitate the delivery of the USD 1.3 trillion.

To be useful, the roadmap will need to be relatively detailed and speak to stakeholders within, as well as outside, the formal remit of the UNFCCC.

It will also be necessary to build confidence around itsimplementation. Promoting adaptation Astemperaturesrise,it grows evermore important to enhance resilience and adapt to the impacts of climate change.

The Paris Agreement established a ‘global goal’ on adaptation (GGA), but it was relatively vaguely defined, which limited its usefulness.

To addressthis, governments adopted a framework atCOP28toguide the implementationof the GGA.

At COP30, they will need to agree on indicatorsto track progress made.

Some governments and civil-society organizations are also pushing for a new ‘adaptation finance goal’ to be set at COP30, as the current one (agreed at COP26) expiresthis year.

Finally, the incoming COP30 Presidency is encouraging governments to submit ‘National Adaptation Plans’, to be used as ‘strategic roadmaps to build resilience in the years ahead’. What about transitioning away from fossil fuels?

Two years ago at COP28 in the United Arab Emirates, governments agreed to ‘transition away from fossil fuels in energy systems’ which was to be done ‘in a just, orderly and equitable manner . to achieve net zero by 2050 in keeping with the science’.

This commitment was made as part of the outcome of the first ‘Global Stocktake’ (GST) and was widely regarded as an important breakthrough.

At COP28, governments also committed to tripling renewable energy by 2030 and doubling the average annual rate of energy efficiency improvements globally within the same timeframe.

Akey question since then has been howto advance andmonitorthe implementationofthese goals,whichhas causedmajor controversydue to diverging national interests.

The topic will once again be on the table at COP30, but it remains unclear to what extent progress can be made.

Brazil hasindicated the conference could result in a roadmap to guide a ‘plannedandjusttransitiontoendfossilfuels’.

Ithas alsobeencommunicatedthatthe ‘Action Agenda’ (which brings together sub-national governments, civilsociety organizations, businesses, and other sub-national actors) should supportthe implementationoftheGST,including its commitments on the energy transition.

There is,moreover, anopportunity toutilizenegotiation tracks such as the ‘UAE dialogue on implementing the GST outcomes’, the ‘Just Transition Work Program’, and/or a possible COP30 ‘cover decision’ to advance the goals.

All thatsaid, arguably the most important thing is that governments include concrete and ambitiousmeasurestofurtherthe energy transition in their own new NDCs.

How is Trump affecting international climate diplomacy?

On his first day in office in January 2025, President Donald Trump initiated the process of withdrawing the US from the Paris Agreement, which he described as a ‘rip-off’ while pledging to ‘drill, baby, drill’.

Since then, the administrationhasundertakenfurthermeasureswithsignificantbearingonclimate change.

These include gutting substantial parts of the ‘Inflation Reduction Act’ and rescinding other environmentalregulations;withdrawing theUS from climate-related organizations and initiatives;proppingupthe coalindustry;undermining and censoring climate science; and dismantling the USAID.

TheUS is also using, orthreatening to use, varioustoolstodiscourageothernationsfrompursuing climate action.

The withdrawal of the world’s second-largest emitter – and itslargest economy – from global climate effortshassignificant consequences.US emissions arenowprojectedtofallmuchmore slowly than had previously been the case.

The US stepping back could also reduce pressure on other countries, not least in the Global South, to submit ambitious NDCs.

And then there is the financing aspect.

The US has cut its aid budget dramatically, and several other rich countries, such as the UK, France, and Germany, have announced they are making reductions too. Lower levels of climate and development finance, along with higher US tariffs, affect the ability of developing countries to pursue ambitious climate action.

It could also undermine trust among countries and make it more difficult to reach agreements at COP30.

However, so far, no other country has followed the US in withdrawing from the Paris Agreement. What about the Advisory Opinion from the ICJ – what impact might that have?

On 23 July 2025, the International Court of Justice (ICJ) issued its highly anticipated ‘Advisory Opinion’ on the obligations ofstates in respect to climate change.

The court found thatstates have far-reaching obligations under international law to protect the climate system and that the legal consequences of breaching such obligations could include making reparations.

The ICJ’s advisory opinions are not legally binding, but they have great legal weight and moral authority.

It is too early to know precisely what impact the recent ruling will have on the COP process, but it could be substantial.

For example, the ICJ found that the Parties to the Paris Agreement have a legal obligation to submit NDCs capable of making an ‘adequate contribution’ to the achievement of the 1.5-degree target, and that they must also put in place measures to enable the implementation of these plans.

This couldimpactNDCambitioninthe run-up to COP30.

Is there too much focus on the COPs?

Even before President Trump returned to the White House, the implementation of the Paris Agreement was way off track.

In light of this, wide-ranging discussions are taking place over how to reform the COP process to make it more effective. Proposals range from introducing voting rules to putting in place criteria for selecting COP hoststo streamlining negotiation agendas.

Brazil has communicated that COP30 should constitute the moment the world transitions to a ‘post-negotiation’phase, andthat effortsmust focuson’action’ and’implementation'(of commitments made) going forward.

In an interview on Chatham House’s The Climate Briefing podcast, the CEO of COP30, AnaToni, commentedthattheCOPsonly constitute a ‘moment in the year.’ She said what matters most is what governments, businesses, and citizens do during the rest of the time.

In this vein, Brazil has placed the concept of a global ‘mutirão’ – a global mobilization – at the heart of its diplomatic strategy.

The idea is to stimulate bottom-up global climate action across a range of actors, such as citizens and businesses.

Shah Muzakker Appointed as Honorary Consul of Croatia

Kazi Shah Muzakker Ahmadul Hoque has been appointed as the Honorary Consul of the Republic of Croatia to Bangladesh.

On May 29, 2025, the Honorable President of Croatia, Mr. Zoran Milanovic, officially conferred this responsibility upon him.

Subsequently, the Government of Bangladesh has granted him the Exequatur, thereby formally recognizing his appointment and authorizing him to carry out the responsibilities entrusted by Croatia on 18 August, 2025.

In response to his appointment, Kazi Shah Muzakker Ahmadul Hoque stated, ‘This appointment is not only an honor but also a profound responsibility.

I hope to contribute towards strengthening the bonds of friendship, cooperation, and mutual development between Bangladesh and Croatia.’ Croatia is a picturesque country in Southeast Europe, located along the Adriatic Sea.