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Bangladesh government spends $5 billion on climate change: Sheikh Hasina

Bangladesh government spends $5 billion on climate change: Sheikh Hasina

By Amila Khan

The Prime Minister of Bangladesh, Sheikh Hasina, has said, “Every year our country is spending $5 billion for climate change sensitive and adaptation projects. Of the amount, we spend $2 billion on climate change-sensitive projects and $3 billion on adaptation systems”.

She made the remarks in a video message on Saturday, December 12, 2020, at the Virtual Summit on the Fifth Anniversary of the Paris Agreement.

Sheikh Hasina further said, “Today we are celebrating the fifth anniversary of the historic Paris Agreement.” Unfortunately, we did not even get close to our set goals under this agreement. The reality is that climate change will not stop or relieve us of its adverse effects as we sit still. Despite many obstacles, Bangladesh has emerged as a world leader in the field of adaptation.

She said, ‘In Bangladesh, we are planting 15 million saplings across the country on the occasion of the birth anniversary of the Father of the Nation Bangabandhu Sheikh Mujibur Rahman.

And have also launched a Mujib Climate Prosperity Plan program to provide resources for a secure and sustainable future. To substantially increase our commitment and adaptation ambitions, we have included several other potential sectors in the mitigation process in addition to the existing power, industrial, and transport sectors.

We are also finalizing our national adaptation plan. ‘

Highlighting the launch of CVF’ Midnight Survival Deadline for the Climate’ in Bangladesh as the President of the Climate Vulnerable Forum, Prime Minister Sheikh Hasina, on Thursday, December 10, 2020, called on every country to announce an extended commitment by midnight on December 31, 2020.

Source: Green Page

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