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Japan-backed energy plan challenged in court

In a groundbreaking legal move, Bangladesh has become the first South Asian country to challenge the legality of a Japan-backed fossil fuel-based power plan with the Supreme Court (SC), marking a historic step towards climate justice. A writ petition has been filed with the SC challenging the legality of the 'Integrated Energy and Power Master Plan (IEPMP) 2023' recently. The plan directly contradicts Bangladesh's Climate Prosperity Plan, and violates the Paris Declaration on Aid Effectiveness.

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Japan-backed energy plan challenged in court

In a groundbreaking legal move, Bangladesh has become the first South Asian country to challenge the legality of a Japan-backed fossil fuel-based power plan with the Supreme Court (SC), marking a historic step towards climate justice. A writ petition has been filed with the SC challenging the legality of the 'Integrated Energy and Power Master Plan (IEPMP) 2023' recently. The plan directly contradicts Bangladesh's Climate Prosperity Plan, and violates the Paris Declaration on Aid Effectiveness.

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Power sector reforms could cut annual losses by $1.2 billion: IEEFA report

The Bangladesh Power Development Board (BPDB) could save Tk13,800 crore ($1.2 billion) annually by implementing reforms in the electricity sector, according to a recent report by the Institute for Energy Economics and Financial Analysis (IEEFA). “Despite hurdles, Bangladesh remains committed to achieve its target of generating 40 percent energy from renewable sources by 2041,” she said adding in view of this the interim government is actively revisiting the present energy policies to ensure sustainability and sovereignty.”

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Net metering rooftop systems: An opportunity for Bangladesh’s renewable energy goals

Bangladesh's energy future hinges on how effectively it integrates renewable sources into its grid. Since the issuance of the Net Metering (NEM) guidelines in 2018, the country has sought to foster renewable energy adoption by enabling prosumers—consumers who also generate electricity.

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Japanese energy giant Jera invests $1bn in Bangladesh

Jera took over the Indian Reliance’s Meghnaghat 718 MW power plant in 2019 and has till date seems to have brought in $1 billion for the project, which will be Bangladesh’s largest gas-based IPP. The project has significant investment by Japan Bank for International Cooperation (a private development bank like Jica), together with Asian Development Bank.

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Bangladesh, other SA nations need $625b to triple renewable energy capacity

Speakers at a discussion said South Asian countries including Bangladesh need $625 billion over the next six years to triple the renewable energy capacity. South Asia has a total installed power capacity of 524.3 GW, with India leading at 446.2 GW, followed by Pakistan (41.9 GW), Bangladesh (28.1 GW), Sri Lanka (5 GW), and Nepal (3.1 GW) while most countries have achieved nearly universal electricity access, quality remains a pressing issue, they said.

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Fossil fuel lobbyists overwhelm COP29

At least 1,773 fossil fuel lobbyists have been granted access to the COP29 climate negotiations, according to an analysis. The figure is calculated by the Kick Big Polluters Out, a coalition of 450 organisations across the globe, underscoring the outsized presence of polluters at crucial climate talks year after year. Last year, 2,456 fossil fuel lobbyists had been granted access to the COP28 summit held in Dubai. ‘Significantly more fossil lobbyists have been granted access to COP29 than almost every country delegation,’ reads a line of the press release issued by the KBPO on Friday.

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