The COP28 climate change conference will be held in Dubai, United Arab Emirates from November 30 to December 12. Bangladesh, a highly climate-vulnerable country, will be keeping a close eye on discussions about climate finance and loss and damage. Mitigation One of the main objectives of COP28 is to accelerate efforts to reduce greenhouse gas […]
A new report by the UN Environment Programme (UNEP) reveals that governments are on track to produce more than twice the amount of fossil fuels in 2030 than would be needed to limit the global temperature rise to 1.5 degrees Celsius. This alarming trend is putting the world’s climate goals at serious risk. The UNEP […]
A letter published last week on behalf of the international health and medical community, addressed to COP 28 President-Designate Sultan Ahmed Al-Jaber demands that “End Fossil Fuel Dependency” at the United Nations Climate Change Conference, taking place in Dubai from 30 November until 12 December 2023. Let’s read the Letter… Dear COP 28 President-Designate Sultan […]
Bangladesh: The Asian Development Bank (ADB) has committed to providing a loan of $106 million to enhance water management and promote agricultural productivity in rural regions of Bangladesh. To formalize this agreement, the Bangladesh government and the ADB signed a loan agreement on Sunday, October 29. Additionally, an agreement was reached for a grant assistance […]
From Pre-COP 28 (Abu Dhabi): Bangladesh, represented by Environment, Forest, and Climate Change Minister Shahab Uddin, has emphasized the urgent need for reliable grant-based financing to address climate adaptation challenges in the world’s most vulnerable developing nations. Minister Uddin expressed his concerns, stating, “We expect developed countries to uphold their commitment to collect $100 billion […]
What Is the Carbon Market? Carbon markets are trading schemes designed to create financial incentives for activities that reduce or eliminate greenhouse gas (GHG) emissions. In these schemes, emissions are quantified into carbon credits that can be bought and sold. Each tradable carbon credit equals one ton of carbon dioxide or the equivalent amount of […]
Vulnerability to Resilience to Prosperity Bangladesh faces increasing catastrophic impacts of climate change that could result in a 6.8% loss in GDP per year by 2030 if business as usual is pursued globally. For this reason, there is a need to build Bangladesh’s resilience to make sure that the threat multiplier of climate change does […]
The Paris Agreement is a legally binding international treaty on climate change. It was adopted by 196 Parties at the UN Climate Change Conference (COP21) in Paris, France, on 12 December 2015. It entered into force on 4 November 2016. Its overarching goal is to hold “the increase in the global average temperature to well below […]
Bangladesh: The government has allocated $50 million for block brick traders, announced the Secretary of the Ministry of Environment, Forest, and Climate Change, Farhina Ahmed. She mentioned that this funding has been designated within the Bangladesh Environmental Sustainability and Transformation project, which is being executed by the Department of Environment. It is intended to support […]
Bangladesh: Dr. Farhina Ahmed, the Secretary of the Ministry of Environment, Forest, and Climate Change, has stated that by the 2015 Paris Climate Agreement, the government is making efforts to regularly compile a transparent and verifiable database at the national level. This database covers various sectors, such as energy, agriculture, forestry, and industry, within Bangladesh. […]
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