No alternative to adequate funding in dealing with climate change

Foreign Minister Hasan Mahmud said there is no alternative to strong global partnerships, collective action and more fund to developing nations to deal with climate change impacts.

The flow of climate financing for the developing countries is gradually shrinking but it is the need of the hour to ensure adequate funding for these countries to reach climate goals, he said.

The minister made the call while speaking at an event titled “Cause and Effect: A Two Front Battle against Climate Change” held on the sidelines of the Munich Security Conference on Friday (February 16) evening.

Minister Hasan said Bangladesh is one of the most vulnerable countries, despite being the country with one of the lowest carbon emissions (0.48 percent of global emissions).

At the same time, he said, Bangladesh is also identified as a unique example to the world in dealing with climate change.

The minister said a flagship plan in the field is the “Mujib Climate Prosperity Plan”.

He highlighted the PM’s policies and programmes including the Climate Change Trust Fund, Bangladesh Delta Plan 2100 and National Adaptation Plan to combat sea level rise, increase in salinity in the coastal areas of the country, drought in the northern region, storms in the southern region, tidal waves, outbreak of floods across the country.