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No alternative to adequate climate funding for developing countries

Hasan Mahmud says at Munich conference

Published : 18 Feb 2024 01:49 AM

Foreign Minister Hasan Mahmud has said there is no alternative to strong global partnerships, collective action and inclusive funding for developing countries to deal with the climate change impacts.

He said 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 achieve adaptation and resilience to global climate change.

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 evening. 

Minister Hasan, who has expertise on climate issues, said Bangladesh is one of the most vulnerable countries with the highest threat of climate change, despite being the country with the lowest carbon emissions (0.48% 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 Prime Minister Sheikh Hasina led the multi-dimensional initiatives in this field.

He also 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.

Norway's International Development Minister Anne Beathe Tvinnereim, Pakistan's Foreign Minister Jalil Abbas Jilani, United Arab Emirates' Minister of Climate Change and Environment Mariam binte Mohammed Saeed Almheiri and other panelists reiterated the importance of global concerted efforts to deal with the climate issues.