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President Hamid seeks global support to promote solar energy

  • Published at 05:35 pm March 11th, 2018
  • Last updated at 12:50 am March 12th, 2018
President Hamid seeks global support to promote solar energy
President Md Abdul Hamid reaffirmed Bangladesh’s firm commitment to further promote renewable energy at the plenary session of the International Solar Alliance’s (ISA) founding conference in New Delhi on Sunday as world leaders met in India to promote greater investment in renewable energy. According to Hamid, Bangladesh is always ready to mutually collaborate and cooperate for ensuring affordable, reliable, sustainable and modern energy for all. French President Emmanuel Macron pledged $861.5 million for solar projects in developing countries. Macron said France would extend an extra 700 million euros ($861.5 million) through loans and donations by 2022 for solar projects in emerging economies. France had already committed $300 million to the initiative when it co-founded with India a global alliance in 2015 to unlock new cash for solar projects in sunny yet poor nations. “Our priorities are often underpinned by developmental goals. Nevertheless, we should not forget to protect the environment for the benefit of our future generations,” Hamid said during the session in the RashtrapatiBhavan Cultural Centre in New Delhi on Sunday. Mentioning that Bangladesh always has joined global initiatives, the president sought all-out support and solidarity from the ISA member states to unlock a new dimension in all areas of renewable energy as well as solar energy from its use to research, development and transferring technology for its capacity building.
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Noting that the global warming and its subsequent effects on many countries are a reality now and Bangladesh is one of the most affected countries of it, he said the country is trying to put its best efforts to make a fair contribution to fight this challenge. He added: “Although our share in emitting greenhouse gas is 0.1%, the threats of natural disasters including sea level rise, droughts, floods and cyclones to Bangladesh are abundant. We are also taking steps to reduce emission of greenhouse gas in future as the development of renewable energy is desired for developing countries.” He also emphasized investing in renewable energy for improving energy access to rural and underprivileged people as well as the safety of this planet. Clean energy is essential for overall development recognized in SDG 7 (Sustainable Development Goals) for ensuring everyone’s access to affordable, reliable, sustainable and modern energy, Hamid added. The president laid stress on taking well-coordinated and bold policy commitments and much investment to get the desired benefits in days to come. Referring to different pragmatic steps taken by Bangladesh government to enhance the uses of renewable energy, he said: “The government has also initiated a program to generate 500 MW of solar-based electricity to add to the national grid.”