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More investment in renewable energies stressed


By BSS
Published : 18 Sep 2024 09:37 PM

Speakers at a human-chain here on Tuesday unequivocally called for more investment in renewable energies to reduce the gradually mounting pressure on fossil fuels. 

Ensuring access to fuel, including renewable energies, to the urban poor and other marginalised people can be the best way of fulfilling their existing fuel demands.

There are enormous prospects of promoting renewable energies through the best uses of existing natural resources in the region.

Bangladesh Working Group on External Debt (BWGED), Coastal Livelihood and Environmental Action Network (CLEAN) and Paribartan jointly organized the meeting at the Chamber Bhaban area to put forth the demand as part of observing the global week of action. 

Paribartan Director Rashed Ibne Obayed and its Programme Coordinator Soma Hassan and development activists Hasibul Hassan and Pankaj Karmaker, among others, addressed the meeting with the unanimous call for ensuring climate financing and using renewable energies free from fossil fuels in the future.

Rashed Ibne Obayed mentioned that substantial and sustainable promotion of renewable energies, particularly solar power, can be the crucial means of lessening the gradually mounting pressure on fossil fuel.

Side by side with the financial burden on the economy, fossil fuel has detrimental impacts on the environment, but renewable energies have no bad impact on the economy and the environment.

So, the institutions and research entities concerned should come forward and work together to promote the sector after the best use of the existing resources and potentialities.