Scaling up clean energy investments

4


Bangladesh has the highest off-grid solar PV access rate in the world which has been important in ensuring last mile energy access in rural areas. There has also been a rapid uptake of solar home systems serving around 18 million people, and the government of Bangladesh plans to deploy 50,000 solar pumps by 2025. Hydro, solar, wind, and other sources of renewable energy generation capacity are expected to grow at an average rate of 6.5 percent per year to 2041 and IFC estimates an investment opportunity of $3.2 billion in Bangladesh’s renewable energy sector to 2030.

The UK recently announced an ambitious ten-point plan for a green industrial revolution which will mobilise £12 billion of government investment to create and support up to 250,000 highly-skilled green jobs in the UK, and spur over three times as much private sector investment by 2030. The UK has the world’s largest offshore wind portfolio and with well over a decade of commercial deployment, UK companies are uniquely well placed to bring this learning to emerging markets.

In this webinar, experts from the UK and Bangladesh give insights on clean energy development in both countries. This event is part of the UK-Bangladesh Climate Partnership Forum virtual series which is building momentum on the journey to COP26. Watch previous sessions and download resources.

If you are unable to attend this event but would like to receive updates about the series, sign up for updates



Source link

Comments

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More