Bangladesh’s Position on the Energy Sector at COP30, Belem

Bangladesh, highly vulnerable to climate change, urges COP30 to prioritise a rapid, just, and fully-financed transition to indigenous, decentralised, and utility-scale Renewable Energy (RE). Continued investment in fossil fuels and "false solutions" is catastrophic, leading to debt and energy insecurity. A bold pivot to solar and wind power, utilising proven domestic models, will foster resilience, energy sovereignty, and sustainable prosperity. As COP30 focuses on turning commitments into tangible outcomes, Bangladesh calls for urgent, grant-based and concessional actions that ensure a rapid energy transition and climate resilience.

To this end, our demands for COP30 are consolidated into three core pillars:

1. Finance: Immediately operationalise the New Collective Quantified Goal (NCQG) with commitments well beyond the current floor. This finance, primarily granted via direct access, must fund RE, grid modernisation, and robust social safety nets to ensure a just transition and avoid increasing debt.

2. Technology: Unrestricted transfer of RE, grid management, and storage technologies, free from intellectual property barriers. It must include sustained support for domestic manufacturing and national institutions.

3. Justice: End all international public and private financing, insurance, and subsidies for fossil fuel projects. The Loss and Damage (L&D) Fund must be substantially, continuously, and needs-based replenished, based on historical responsibility and reparations for irreversible climate impacts.