Bangladesh Bank has issued fresh directives requiring all banks in the country to adopt stringent measures for electricity and fuel conservation. The move comes amid rising concerns over potential disruptions in international energy supply due to ongoing global geopolitical uncertainties.
In a circular released on Wednesday, 11 March, the central bank instructed bank headquarters, branches, and sub-branches to implement energy-efficient practices and minimise unnecessary consumption of electricity and fuel. Officials emphasised that ensuring prudent use of national resources is a priority in the current international climate.
The circular highlighted that disruptions in global energy supply chains could lead to shortages domestically. In response, the government has already undertaken a series of cost-saving measures, and the banking sector is now expected to follow suit.
Key directives outlined in the circular include:
| Directive | Details |
|---|---|
| Electrical Equipment | Limit use of non-essential devices such as printers, photocopiers, and computers. |
| Lighting, Fans, AC | Use natural daylight whenever possible; switch off lights, fans, and air conditioning when not required. |
| Official Vehicle Usage | Restrict official car use; encourage staff to use public transport or car-sharing for institutional and personal travel where feasible. |
| Travel Restrictions | Minimise unnecessary travel; restrict fuel use for generators. |
| Decorative Lighting & Displays | Avoid unnecessary decorative lighting; electronic display boards must not operate outside designated hours. |
| Compliance with Previous Guidelines | Enforce energy-saving measures from the 7 September 2022 circular on electricity and fuel use and climate control systems. |
The circular also underscores the importance of adopting natural lighting and reducing dependency on artificial cooling systems during office hours. Staff are encouraged to be mindful of energy consumption, both within office premises and during travel.
Bangladesh Bank officials emphasised that these measures are critical not only to reduce operating costs within the financial sector but also to safeguard national energy reserves in a period of global uncertainty. They noted that consistent adherence to these guidelines will contribute to national sustainability goals and ensure uninterrupted banking services during potential energy shortages.
The central bank’s instructions align with broader government initiatives aimed at promoting energy efficiency across all sectors. By regulating office energy use, controlling vehicle emissions, and limiting generator consumption, the banking sector is expected to play a pivotal role in the nation’s energy conservation efforts.
In summary, the circular mandates all banks to adopt a culture of energy prudence, minimise wasteful consumption, and reinforce the disciplined use of electricity and fuel in line with both national interests and global energy market conditions.