Chinese Ambassador to Bangladesh Yao Wen on Monday laid emphasis on joint efforts to strengthen renewable energy cooperation and set a certain exemplary model for green development under the Belt and Road Initiative (BRI).
“I'm confident that with joint efforts, China-Bangladesh renewable energy cooperation will yield more fruitful results and a certain exemplary model for green development under the BRI,” he said while speaking at the 4th Bangladesh-China Renewable Energy Forum in the city.
The Ambassador highlighted the importance of working together to deliver tangible benefits to the people through practical cooperation, contribute to addressing global climate change, and build a community with a shared future for both countries.
Ambassador Yao said it is high time for Bangladesh to really move to renewable energy. “It is also high time for China and Bangladesh to work together in this sector.”
The Chinese envoy said they all know what is happening in the Middle East while they see some diplomatic efforts. “But no one knows when the conflict will be over and when the supply of oil and gas will be resumed.”
He said the government of Bangladesh has already taken many initiatives to come to the rescue and to relieve the difficulties faced by the people, factories and businesspeople. “They have done everything possible. They also asked for China’s help. We also do whatever we could.”
The Ambassador, however, said it is just a short respite effort and if Bangladesh really wants to get rid of this, there needs to be a systematic solution. “And China will be part of it.”
Looking forward, the Ambassador said China is ready to deepen cooperation and scale up investment and financial support through diversified financial channels.
He said China will provide long-term, stable and preferential financial support for key renewable energy projects in Bangladesh.
Power, Energy and Mineral Resources Minister Iqbal Hassan Mahmood spoke as the chief guest at the ‘Fourth Bangladesh-China Renewable Energy Forum’ organised by the Centre for Policy Dialogue (CPD) at a city hotel.
Executive Chairman of the Bangladesh Investment Development Authority (BIDA) Chowdhury Ashik Mahmud Bin Harun spoke as a special guest at the event moderated by CPD Research Director Dr Khondaker Golam Moazzem.
The Bangladesh-China Renewable Energy Forum has, over the past editions, emerged as an important policy dialogue platform bringing together key stakeholders from government, private sector, development partners, and international investors, particularly from China.
The initiative is aimed at fostering mutual understanding, strengthening cooperation, and facilitating informed dialogue on Bangladesh’s renewable energy transition.
FP/MI