Rich countries should immediately release of their pledged funding to the climate affected countries

Saber Hossain Chowdhury, Minister Ministry of Environment, Forests and Climate Change (MOEFCC), Bangladesh, said that the rich countries should immediately release their promised funding to deal with climate risks.

He said that the developed world is not providing the necessary financing to developing countries vulnerable to climate action, which has created an atmosphere of distrust. Industrialized rich countries should come forward to take necessary steps in this regard.

The environment minister made statements on the second day of the 8th Ministerial Conference on Climate Action. The conference took place in Wuhan, China, on July 25.

Saber Hossain Chowdhury mentioned that the Bangladesh government has implemented the National Adaptation Plan (NAP), Mujib Climate Prosperity Plan, and Nationally determined contribution to address climate risks.

He said Bangladesh has established Bangladesh Climate Change Trust through its own funds. But it is not enough. Bangladesh is highly vulnerable to climate change. The minister believes that the developed world should provide more climate finance to support the country.

The Bangladesh Environment Minister met separately with the President of COP28, Sultan Ahmed Al Jaber, and China’s Minister for Ecology and Environment during the 8th Ministerial on Climate Action.

During the meeting, they discussed various issues related to environment and climate change and pledged to work together.