Bangladesh’s RMG sector is under growing pressure to stay competitive while responding to rising energy costs, climate risks, and changing global market expectations to decarbonise and transition towards renewable energy. Against this backdrop, this Business Standard supplement reports on a multi-stakeholder policy dialogue jointly organised by ETI Bangladesh, The Business Standard, and Worker CAN on 31 March 2026. The feature captures stakeholder calls for more practical support for renewable energy transition and decarbonisation and also covers the launch of the ETI Bangladesh–BRAC University case study handbook on green energy transition in the sector.
Industry stakeholders, including government officials, financiers, and RMG representatives, called for stable policy frameworks, streamlined approvals, inclusive skills development, and long-term, low-cost financing to boost competitiveness and secure energy independence
Key recommendations include the following:
- Align all national policies and master plans toward a clear pro-renewable energy direction, removing fossil fuel bias
- Develop a comprehensive "just transition" framework, including an RMG-specific decarbonisation roadmap
- Ensure inclusive policymaking through consultation with industry, workers, brands, and associations
- Introduce regular monitoring and annual policy review mechanisms to track progress
- Integrate gender-responsive measures, ensuring women are not excluded in reskilling and transition
- Strengthen government capacity, data systems, and SREDA's role as an independent facilitator
- Establish an enabling green finance framework, including concessional finance, pre-financing, easier PPAs, and better access to schemes
- Ensure policy stability, especially in utility pricing, to build investor confidence
- Expand renewable infrastructure beyond rooftop solar, including offsite and cluster-based solutions
- Create dedicated solar zones on public land to overcome land constraints
- Reform tariffs and duties (e.g., ESS vs diesel generators) to encourage cleaner technologies
- Improve data transparency through a national energy/emissions database
- Promote fair cost-sharing, with global brands contributing to supply chain decarbonisation
- Enable inclusive transition for SMEs, through financing access, advisory support, and collaborative investment models
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January 27, 2026,4:20 pm