Fossil Fuel - Renew Earth News

23
Apr

Sri Lanka’s power sector overhaul aims to fix deep-rooted inefficiencies, but challenges remain

Arul Karki / 1 week
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4 min read

Sri Lanka is embarking on one of the most significant overhauls of its energy sector in decades, seeking to address chronic inefficiencies, mounting debt, and governance failures that have long strained the country’s economy. While policymakers present the reforms as a pathway to sustainability and affordability, analysts caution that structural changes alone will not guarantee […]

21
Apr

Top economies spent $314bn on fossil fuel subsidies in 2024

Md Ibrahim Khalilullah / 2 weeks
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3 min read

The world’s largest fossil fuel importing economies spent about $314 billion subsidising fossil fuels in 2024, more than double their support for renewable energy, a new analysis has found. Data compiled by the International Institute for Sustainable Development (IISD) shows nine of the top 10 importing economies allocated $313.6 billion to fossil fuel subsidies last […]

30
Mar

45 countries to join Santa Marta summit on fossil fuel transition

Janefar Alam / 1 month
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2 min read

Bogotá — At least 45 countries have confirmed participation in a landmark international conference in Colombia aimed at accelerating the global shift away from fossil fuels, officials said. The “First Conference on Transitioning Away from Fossil Fuels,” co-hosted by Colombia and the Netherlands, will be held in the coastal city of Santa Marta from April […]

10
Mar

Energy shortages disrupt daily life as Bangladesh battles fuel crisis

Fatema Waz / 2 months
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2 min read

Bangladesh has introduced emergency measures including closing universities and restricting power use as it struggles to cope with a deepening energy crisis driven by rising fuel costs and supply constraints. The country, heavily dependent on imported energy, has been hit hard by global market volatility, forcing authorities to ration electricity and reduce consumption. Emergency response […]

12
Jan

Bangladesh’s renewable energy drive stalls amid land and policy hurdles

REN Report / 4 months
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3 min read

Bangladesh’s push to expand renewable energy is faltering under mounting land constraints, policy bottlenecks and weak investor confidence, raising concerns that the country could miss its climate targets despite rising energy demand and worsening fuel insecurity. The South Asian nation has pledged to generate at least 20 percent of its electricity from renewable sources by […]

23
Nov

COP30 Concludes in Belém: Gains in Adaptation Finance and Equity, but Fossil Fuel Roadmap Eludes Agreement

REN Report / 5 months
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6 min read

Belém, Brazil Following an intense overtime session that stretched the talks by a full day, the 30th UN Climate Conference (COP30) wrapped up in Belém, Brazil, with notable advancements in adaptation funding, mechanisms for a just transition, and gender-responsive climate strategies. However, the summit left over 88 countries disappointed as efforts to establish a concrete […]

21
Nov

Bangladeshi Youth at COP30 Call for Fast & Fair Transition to Keep 1.5°C Alive

Md Ibrahim Khalilullah / 5 months
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3 min read

At the Bangladesh Pavilion of COP30 in Belém, young climate leaders from Bangladesh gathered for a high-level dialogue titled “1.5°C Is Non-Negotiable: Bangladeshi Youth Call for a Fast & Fair Transition.” Organized by Brighters, Bangladesh Youth Climate Coalition, Climate Citizen Network, and Bangladesh Youth COP, the event amplified the urgent demands of Bangladeshi youth for […]

21
Sep

Bangladesh Unveils Ambitious NDC 3.0: A Bold Leap Toward Net-Zero by 2050 Amid Rising Climate Perils

REN Report / 7 months
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6 min read

In a landmark move underscoring its frontline role in the global fight against climate change, the Government of the People’s Republic of Bangladesh has released its Third Nationally Determined Contribution (NDC 3.0), pledging significant cuts to greenhouse gas emissions while amplifying calls for international support to shield its vulnerable population from escalating environmental threats. The […]

20
Sep

Bangladesh Trapped in ‘Climate Debt Spiral’: New Index Reveals High-Stakes Vulnerability Amid Global Inaction

Md Ibrahim Khalilullah / 7 months
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7 min read

In a stark indictment of the global climate finance system, Bangladesh – a nation on the frontlines of climate catastrophe despite its minimal contribution to global emissions – is sinking deeper into a “climate debt trap,” according to a groundbreaking new report. The Climate Debt Risk Index (CDRI-2025), unveiled by the Dhaka-based think tank Change […]

16
Sep

Bangladesh loses $1.78 Billion Annually Due to Heat!

REN Report / 8 months
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3 min read

World Bank report: In Bangladesh, huge working hours are lost every year due to extreme heat. The financial losses are also huge. A new World Bank report says that in Bangladesh, about 250 million working days were lost due to increasing heat-related illnesses in 2024 alone. This has caused economic losses of 1.33 billion to […]