The Trouble with Gas in Bangladesh
Summary
The statement criticizes the World Bank and IFC for supporting an unsustainable gas-based energy model in Bangladesh and calls for an immediate shift toward renewable energy to avoid stranded assets and align with the Paris Agreement.
Key insights
- The World Bank and IFC are held responsible for Bangladesh's volatile and unsustainable gas-based energy model due to their financing of gas-fired power stations, pipelines, and LNG regasification plants.
- There is a risk of US$379 billion in planned gas infrastructure in Asia becoming stranded assets, comprising $189 billion for power plants, $54 billion for pipelines, and $136 billion for LNG terminals.
- The author demands that the World Bank remove domestic gas exploration and LNG imports from the Bangladesh Country Partnership Framework 2022–2027 and support the goal of 100% renewable energy by 2050.
Cite the original document
- APA
- rrotadmin (2022). The Trouble with Gas in Bangladesh. Recourse. https://re-course.org/newsupdates/the-trouble-with-gas-in-bangladesh/
- Chicago
- rrotadmin. The Trouble with Gas in Bangladesh. Recourse, 2022. https://re-course.org/newsupdates/the-trouble-with-gas-in-bangladesh/.
- Wikipedia
- {{cite press release |last1=rrotadmin |title=The Trouble with Gas in Bangladesh |publisher=Recourse |date=14 April 2022 |url=https://re-course.org/newsupdates/the-trouble-with-gas-in-bangladesh/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{rrotadmin2022trouble, author = {rrotadmin}, title = {{The Trouble with Gas in Bangladesh}}, publisher = {Recourse}, year = {2022}, month = apr, url = {https://re-course.org/newsupdates/the-trouble-with-gas-in-bangladesh/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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