Bangladesh has taken a significant step towards redefining its energy landscape with the inauguration of the Bangladesh Energy Prosperity 2050 conference.
The three-day event, which began on Wednesday at the BIAM Foundation, emphasizes transitioning to renewable energy and achieving a sustainable power policy amid critical global and domestic challenges.
Adviser to the Ministry of Power, Energy, and Mineral Resources Muhammad Fouzul Kabir Khan, speaking as the chief guest, announced bold initiatives undertaken by the interim government, according to a media statement.
He said: “We are revising the Integrated Energy and Power Master Plan (IEPMP) and reevaluating the renewable energy policy to align with sustainable development goals.”
The adviser also underscored the government’s focus on empowering the Bangladesh Energy Regulatory Commission (BERC) to independently set electricity tariffs and reducing dependency on independent power producers (IPPs).
Syeda Rizwana Hasan, Adviser to the Ministry of Environment, Forest, and Climate Change, who chaired the inaugural session, highlighted the pressing issues of energy accessibility and transparency.
She said: “Achieving the 40% renewable energy target by 2041 requires robust policies, strong private-sector engagement, and a shift in focus from energy production to conservation.”
Two parallel sessions held on Wednesday focused on policy coherence and institutional reforms necessary for Bangladesh’s green transition.
These discussions align with the conference’s central themes: enabling policy and financial mechanisms, promoting bilateral and multilateral cooperation, and addressing social and environmental considerations.
Building on the foundation laid in its inaugural 2023 edition, this year’s Bangladesh Energy Prosperity 2050 conference aims to set a transformative agenda for the country’s renewable energy future.
The event will conclude on December 13 with actionable recommendations to accelerate Bangladesh's journey toward energy sustainability.
