Bangladesh remains vulnerable to climate change as G-7 countries continue funding fossil fuel projects in developing nations instead of prioritizing renewable energy investments, according to a Global Energy Monitor report. Despite global solar and wind power capacity rising by over 20% in 2024 to 4.4TW, G-7 nations contributed only 10% to these projects, despite controlling nearly half of global wealth. China leads in renewable capacity with over 1.3TW, followed by Brazil (417GW), Australia (372GW), and the U.S. (218GW). India significantly increased its solar and wind capacity by 50% in one year, aiming to add 35GW by March 2025. However, renewable energy growth outside China slowed, with only 59% of the expected 185GW projects becoming operational in 2024. The report emphasizes the urgent need to accelerate renewable energy deployment, particularly in climate-vulnerable countries like Bangladesh, to counter the continued fossil fuel investments by wealthy nations.
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