Assessing the feasibility of climate change-induced energy consumption in the industrial sector of Bangladesh

Abstract This study explores the potential effects of climate-induced energy consumption on Bangladesh’s industrial sector. This study presents the climate-industrial energy nexus (CIEN) Model, which assigns these significant climate variables into an integrated modeling analytic framework for energy consumption. The CIEN model dynamically assesses energy demand and includes climate-induced disruptions, seasonal variations, energy efficiency improvements, and renewable energy integration. The cost-benefit analysis (CBA) uses the framework that assesses the economic viability of energy efficiency measures and climate adaptation strategies by considering the long-term benefits against the upfront information costs. The study emphasizes previous warnings that climate change will increase overall energy consumption, particularly during extreme weather events, unless strategic interventions include the abundance and availability of renewable energy and higher adoption of energy-efficient technologies. The study cautions that industries should have proactive policies to enable sustainable energy and strengthen infrastructure. These results offer valuable insights for policymakers and industries in Bangladesh, helping them navigate the challenges of climate change while optimizing energy use and minimizing costs. This study emphasizes the need for incorporating climate change into energy planning to foster sustainable industrial development and resilience.