Revista de Economía y Negocios

Present Scenario of Renewable and Non-Renewable Resources in Bangladesh: A Compact Analysis

Abstract

Md Niaz Murshed Chowdhury

This research deliberately searches the present scenario of renewable and non-renewable resources in Bangladesh and also focuses on their effective management. Therefore, the research is unique in terms of focusing the present scenario of natural resources and the research highlights the present conditions of natural resources. Most of the study and research on NRs focus on superficial problems, poverty, gender, and scientific measure of resource degradation. This research gives special attention to find the present scenario and to find the actors who are responsible for NRs management. There are considerable opportunities of Bangladesh to boost the economic growth through renewable and nonrenewable resource. With the help of these resources Bangladesh can generate electricity and can meet the required demand in the future. Therefore, the Government and the Private sector should work hand to hand to emphasize more renewable energy sources to produce electricity to solve our power crisis problem. Renewable energy sources discussed above can help Bangladesh to produce more power in order to reduce Load-shedding problem. Time has come to look forward and work with these renewable energy fields to produce electricity rather than depending wholly on conventional method. In addition, we observed that Bangladesh has a huge amount of natural Gas and other mineral resources. Proper and corruption free management can be able to solve the problem of energy crisis.