The world’s rich countries are not paying according to their climate promises
As per Paris Agreement, rich countries are not paying the financial aid pledges yearly to combat climate change risks. Countries affected by climate change, including Bangladesh, have been urging for the promised money.
However, despite the assurance, they did not give committed funds to minimize the climate change effects and its’ adaptation activities. For that reason, dissatisfaction has also been expressed on the part of Bangladesh at various times.
Since the 2009 United Nations Climate Change Conference, wealthy nations have pledged $10 trillion yearly to combat climate change risks.
Due to the non-fulfillment of that promise, the payment period has been extended till 2023. Rich countries are avoiding this money through various strategies.
Transparency International Bangladesh-TIB has accused rich countries of avoiding promised money. The organization complained that the issue of 100 billion dollars annually to countries affected by climate change, including Bangladesh, is being avoided by the developed countries.
For this reason, TIB called on representatives of the Climate Vulnerable Forum (CVF), including Bangladesh, to increase the allocation of adaptation funds for countries at risk and accelerate the delivery of promised climate funds.
Meanwhile, AK Abdul Momen, the Minister of Foreign Affairs Bangladesh, has expressed his anger about not getting the climate fund.
The minister said, “As a country affected by climate change, Bangladesh has not received a single penny of the 100 billion dollars pledged by donors. We talked about this at the climate conference in Paris.
The G20 countries are the most polluting. These countries are not implementing their promises. Millions of people worldwide are displaced by climate change’s effects.”
Hasan Mahmud, Minister of Information and Broadcasting, Bangladesh, said, “It is the need of the hour for developed countries to be more active in meeting their commitments to combat the effects of climate change. Bangladesh is one of the countries facing global climate change risks.”
