Bangladesh, Nov. 4 -- Bangladesh's ambition to accelerate its energy transition is being held back by a huge investment shortfall and an overreliance on debt, with renewable energy funding meeting only over 12 per cent of annual requirements.

Advertisement A new study warns that the country needs to mobilise more grants, concessional finance and local-currency funding to expand clean energy without worsening pressure on public finances.

Bangladesh needs an estimated $1.54 billion in annual investment in renewable energy through 2030, but the current pace of investment meets only 12.33 per cent of the requirement, leaving an annual funding gap of around $1.35 billion.

At the same time, nearly 90 per cent of climate finance examined fo...