Energy security and access continue to play a crucial role in Bangladesh’s ability to meet its economic growth targets and sustain rising living standards. USAID, in collaboration with the U.S. government interagency in Dhaka, continues to work with the Government of Bangladesh (GOB) and the private sector to create a more welcoming business and investment environment and a more level-playing field for both local and international companies in the energy sector.
In light of the above, USAID Bangladesh’s flagship clean energy project – Bangladesh Advancing Development and Growth through Energy (BADGE) – is working to improve energy security and resilience in Bangladesh by improving access to affordable, reliable, and sustainable energy systems, and promoting transparent and efficient energy markets. By supporting the deployment of advanced and clean energy systems, promotion of transparent and best-value procurement for energy, and increased participation in regional energy trade and cooperation—all overseen by high-performing energy institutions—the energy sector in Bangladesh will contribute to the sustainable development goals of achieving prosperity, well-being, and resilience of its citizens.
The BADGE project has already signed a Memorandum of Understanding (MoU) with the Power Division of the Bangladesh Government and working on partnership arrangements with several other private sector players to advance investment in the sector, promote policy and regulatory environments favorable to the sector and investors, support entrepreneurs developing and distributing energy technologies, and convene platforms to share best practices in the management of the energy sector. Altogether, BADGE is supporting Bangladesh’s transformation to a developed, decarbonized and inclusive energy sector.
PROGRAM HIGHLIGHTS
Since its inception in June 2021, BADGE is supporting the transformation of Bangladesh’s energy sector for the next five years to accelerate energy security and sustainability in Bangladesh and the South Asia region. Intended outcomes from this activity align with the Clean EDGE Asia Initiative and USAID Climate Strategy. The $17.2 million of U.S. technical assistance implemented by Tetra Tech ES, Inc. is playing a critical role in supporting the GOB’s management of the energy sector, creating an efficient and transparent energy market for long term investment stability, and helping mobilize clean energy finance.
The USAID BADGE program is working to achieve the following results:
- Policy advocacy for Advanced Energy Technologies
- TA to Energy Institutions
- Promotion of innovative, transparent, and best-value energy procurement mechanisms
- Increased participation in Regional Energy Trade
