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Prospect of Renewable Energy Transition in Bangladesh’s RMG Industry

Author

Listed:
  • Fahmida Khatun
  • Estiaque Bari

Abstract

In Bangladesh, the Readymade Garment (RMG) industry stands as the backbone of the nation’s economy, driving over 80 per cent of its foreign export revenue. However, the recent global energy crisis, spurred by the Ukraine War, has cast a shadow over this vital sector. The Government of Bangladesh’s response to the crisis, marked by escalating electricity tariffs, has intensified production costs for industries, imperiling their sustainability.

Suggested Citation

  • Fahmida Khatun & Estiaque Bari, 2024. "Prospect of Renewable Energy Transition in Bangladesh’s RMG Industry," CPD Report 54, Centre for Policy Dialogue (CPD).
    • Handle: RePEc:pdb:report:54
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    File URL: https://cpd.org.bd/resources/2024/05/Prospect-of-Renewable-Energy-Transition-in-Bangladeshs-RMG-Industry.pdf
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    References listed on IDEAS

    as
    1. Jimmy Donaghey & Juliane Reinecke, 2018. "When Industrial Democracy Meets Corporate Social Responsibility — A Comparison of the Bangladesh Accord and Alliance as Responses to the Rana Plaza Disaster," British Journal of Industrial Relations, London School of Economics, vol. 56(1), pages 14-42, March.
    2. Fahmida Khatun & Muntaseer Kamal & Foqoruddin Al Kabir & Nadia Nawrin & Mohammad Syful Hoque, 2023. "Securing Green Transition of the Textile and Readymade Garments Sector in Bangladesh," CPD Report 43, Centre for Policy Dialogue (CPD).
    3. Kikuchi, Tomoo & Yanagida, Kensuke & Vo, Huong, 2018. "The effects of Mega-Regional Trade Agreements on Vietnam," Journal of Asian Economics, Elsevier, vol. 55(C), pages 4-19.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Renewable Energy; Energy Transition; Readymade Garment (RMG); RMG Industry; Energy crisis; Bangladesh;
    All these keywords.

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