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Bangladesh National

Bangladesh Needs Nearly $1 Billion Annual Investment to Meet Renewable Energy Targets by 2030: IEEFA

1Nojor Desk

25 Jun 25
10:25 PM

To achieve its renewable energy goals by 2030, Bangladesh must invest approximately $980 million annually, according to a report by the Institute for Energy Economics and Financial Analysis (IEEFA). The report emphasizes that meeting these targets requires substantial private sector investment alongside government funding. Challenges such as policy uncertainty, land acquisition issues, and currency risks hinder progress. The government’s new renewable energy policy aims for 20% renewable electricity by 2030 and 30% by 2040, necessitating stable policies and green financing incentives to attract investors.

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Bonik Barta 25 Jun 25

IEEFA Report: To Achieve Targets in Renewable Energy Sector, $1 Billion Investment Needed Annually

To meet the renewable electricity target by 2030, Bangladesh may need to invest around $980 million, nearly $1 billion, annually. This is according to the Institute for Energy Economics and Financial Analysis (IEEFA), an international market research organization specializing in the energy sector, based on the Renewable Energy Policy 2025.

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