Public financing from developed countries will never be sufficient.
Bangladesh has demanded that developed countries double their collective provision of adaptation finance by 2025, as was agreed at COP26 in Glasgow last year, and provide support to vulnerable countries to implement the National Adaptation Plan (NAP).
Despite demands from climate-change-affected countries, the issue of loss and damage has been contentious at the global forum.
More investment is needed in research work to understand the dynamics and impact of loss and damage in climate-vulnerable communities.
People living in climate-vulnerable areas urgently need government support
Prime Minister Sheikh Hasina has declared her intention to make Bangladesh graduate from being a Least Developed Country (LDC) within the next few years and the government has already formally notified the United Nations of this intent.
Over the last decade in Bangladesh, we have spent almost a billion US dollars on several hundred projects and activities to tackle climate change.
Unfortunately, so far, our performance on both transparency as well as accountability has not been very good. Fortunately, there is still time to improve this before the major climate change funds begin to flow.
Public financing from developed countries will never be sufficient.
Bangladesh has demanded that developed countries double their collective provision of adaptation finance by 2025, as was agreed at COP26 in Glasgow last year, and provide support to vulnerable countries to implement the National Adaptation Plan (NAP).
Despite demands from climate-change-affected countries, the issue of loss and damage has been contentious at the global forum.
More investment is needed in research work to understand the dynamics and impact of loss and damage in climate-vulnerable communities.
People living in climate-vulnerable areas urgently need government support
Prime Minister Sheikh Hasina has declared her intention to make Bangladesh graduate from being a Least Developed Country (LDC) within the next few years and the government has already formally notified the United Nations of this intent.
Over the last decade in Bangladesh, we have spent almost a billion US dollars on several hundred projects and activities to tackle climate change.
Unfortunately, so far, our performance on both transparency as well as accountability has not been very good. Fortunately, there is still time to improve this before the major climate change funds begin to flow.