COP 29: Bangladesh seeks EU support for US$ 200b 

Bangladesh has sought European Union (EU) support for a proposal for allocating US$ 200 billion to the Least Developed Countries (LDCs) and the most climate vulnerable countries.

Bangladesh made the call at a bilateral meeting held on Friday between the ministers of LDCs and the EU on the final outcomes of COP-29 in Baku, Azerbaijan. 

The meeting emphasized the need for collaboration on unresolved issues to achieve a balanced and equitable outcome for all parties.

In the meeting, Bangladesh delegation highlighted that “many issues remain unresolved”, urging both groups to work together to secure a meaningful and inclusive deal for COP29.

During the meeting, the LDC ministers shared their key positions, emphasizing on urgent need for financial and technical support to address the adverse impacts of climate change.

The EU ministers acknowledged the concerns raised by the LDCs and reaffirmed their commitment to address climate vulnerabilities to foster sustainable development.