Greening Bangladesh: Addressing the Urgent Need for Sustainable Cities and Clean Energy Infrastructure

A media briefing on ‘Bangladesh Business Environment 2022: Findings from the Executive Opinion Survey’ was organised by the Centre for Policy Dialogue (CPD) on 29 January 2023. CPD presented the findings from the ‘Executive Opinion Survey (EOS)’ which was conducted during April-July, 2022. The survey had been carried out as part of CPD’s partnership with the World Economic Forum. Dr Fahmida Khatun, Executive Director, CPD, chaired the session and said, “The current business situation in the world is unstable. We have the pressure of inflation on one side, then there is the crisis caused by the Ukraine-Russia war, also there are geopolitical factors because of which the global economy is going through a recession.” Dr Khondaker Golam Moazzem, Research Director, CPD made the keynote presentation.

Bangladesh is falling behind in creating environmentally friendly cities and constructing infrastructure that is powered by clean energy. Despite the Central Bank’s introduction of green financing and the promotion of clean energy in the draft IEPMP, public funding for eco-friendly infrastructure is declining. Due to the persistent fuel crisis and increasing costs of electricity and gas, renewable energy and energy conservation technologies should be prioritized in Bangladesh. The country needs to concentrate on developing green cities, clean energy, waste management, and industrial pollution control by using public investment, development partners, and foreign direct investment (FDI).