Environment minister in Copenhagen: Bangladesh needs $373bn for climate actions

[Black_cats]

Environment minister in Copenhagen: Bangladesh needs $373bn for climate actions​

Bangladesh urged developed country parties to double adaptation finance to support developing countries in their efforts to adapt to the adverse effects of climate change

Environment, Forest and Climate Change Minister Md Shahab Uddin during the Copenhagen Climate Ministerial on Monday

Courtesy
Tribune Report
Published: March 20, 2023 9:51 AM | Last Updated: March 20, 2023 9:51 AM

Environment, Forest and Climate Change Minister Md Shahab Uddin said for the implementation of the Bangladesh National Adaptation Plan, Bangladesh needs a total of $373 billion in which they need $230 billion for the next 27 years, which is about $8.5 billion per year as new and additional finance.

He also said for the full implementation of the NDC targets of Bangladesh, the country needs $143 billion from international support to implement conditional action programs. “We need to ensure easy and quick access to climate finance as well.”

The minister said this in the first Copenhagen Climate Ministerial with the theme “Driving Climate Action, Implementation, and Progress” held at Eigtveds Pakhus in Copenhagen, Denmark on Monday.

He said that the developed countries must keep their commitments of mobilizing $100 billion a year from this year to support actions to tackle climate change in the most vulnerable developing countries with an equal balance between adaptation and mitigation. The most vulnerable developing countries urgently require new, predictable, and adequate grant-based public financing for adaptation beyond voluntary donor assistance.

The minister said the financial mechanism must be settled for the effective implementation of NAPs.

Bangladesh urged developed country parties to double adaptation finance to support developing countries in their efforts to adapt to the adverse effects of climate change. In line with the position of the LDC group, Bangladesh expects a more proactive role from the developed countries to ensure the ambitious contribution of climate finance towards grant-based adaptation support to the most climate-vulnerable countries.

The minister said parties must reach consensus on several critical issues regarding the “Mitigation Work Program” to reduce global GHG emissions by 43% by 2030. The Mitigation Work Program should facilitate creating enabling conditions for the effective implementation of mitigation actions in the most vulnerable developing countries through the mobilization of adequate financial resources, technology transfer and capacity building.

Earlier, the minister joined as the chief guest in a view exchanging meeting with the Bangladeshi community in Denmark held in Bangladesh Embassy in Denmark chaired by the AKM Shahidul Karim, ambassador of Bangladesh to Denmark.

Shahab hands out compensation to victims of wild elephant attacks

The minister urged people to plant more trees to protect Bangladesh’s environment

www.dhakatribune.com

 

[SoulSpokesman]

You (or any other developing country for that matter) wont get a chawanni out of them.

Regards

 

[bluesky]

You (or any other developing country for that matter) wont get a chawanni out of them.

Regards

But our politicians, ministers and bureaucrats all need big dollars. They each want to buy multiple houses in Canada.

But I truly believe this $373 is not enough to fill their pockets. So, here comes India to fill up the shortfall. India alone should pay a $100 billion.

But why? It is because all our pollution derives from low tech Indian factories. All spew CO2 causing the air to smell like farts.

 

[SoulSpokesman]

@bluesky

All spew smell like farts.

Bottle our farts and use it for power generation.

Regards

 

[bluesky]

@bluesky

All spew smell like farts.

Bottle our farts and use it for power generation.

Regards

BD must build chemical fence over and around itself to keep off Indian pollution that smells like fart.

And India should spew $100 billion to bear the cost.

 

[El Sidd]

Bangladesh must see an environmental revolution to weather the impending climate crisis. Fair trade agreements not free trade agreements are required with countries like Bangladesh. These countries are locked in a vicious exploitation cycles.