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.