Bangladesh, June 8 -- Bangladesh's tax and fiscal policies continue to provide greater advantages to fossil fuel-based energy than to renewable technologies, creating challenges for the country's transition to cleaner energy sources, according to a study by the Centre for Policy Dialogue (CPD).

The findings were presented at a media briefing in Dhaka on Sunday, where CPD Research Director Dr Khondaker Golam Moazzem said the existing tax structure places relatively lower burdens on fossil fuel imports while imposing higher duties on technologies required for renewable energy generation and grid integration.

"The current tax framework does not adequately support renewable energy development and may hinder efforts to strengthen long-term ...