Bangladesh Urgently Requires Adequate Grant-Based Financing for Climate Adaptation

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 […]

Carbon Market and Bangladesh

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 […]

Inside ‘Mujib Climate Prosperity Plan’

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 […]

What is the ‘Paris Agreement’?

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 […]

Government Allocates $50 Million for Block Brick Traders

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 […]

The government is working on preparing a complete database on climate change

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. […]

Over 6 million solar home systems in off-grid areas

Bangladesh: Environment, Forest, and Climate Change Affairs Minister Shahab Uddin stated on Monday, October 16, that Bangladesh has successfully installed over 6 million solar home systems in off-grid areas. He also said Bangladesh is progressing towards low-carbon green development in pursuit of sustainable growth. The minister made these remarks during a meeting with Saudi Arabia’s […]

BDT 5.36 Billion of Climate Change Trust Fund Remains in Padma Bank

Bangladesh: The Parliamentary Standing Committee has called on the Ministry to take action to recover BDT 5.36 billion from the Climate Change Trust Fund, which is deposited as a Fixed Deposit Receipt (FDR) in Padma Bank. This recommendation was made during the 41st meeting of the Parliamentary Standing Committee on the Ministry of Environment, Forest, […]

Parliamentary Committee Recommends Climate Damage Assessment Before COP-28

Bangladesh: Before the COP-28 conference, the Parliamentary Standing Committee on the Ministry of Environment of the Bangladesh National Assembly strongly recommended that the government assess the potential impact of climate change. The United Nations Climate Change Conference is set to commence on November 30 in Dubai, United Arab Emirates, and will run until December 12. […]

People-Centric Loss and Damage Fund

Bangladesh: YouthNet for Climate Justice, a prominent youth-led climate advocacy organization, stands resolute in its call for a just and equitable Loss and Damage Fund. Presenting seven critical demands, the organization underscores the imperative of a human rights-based approach and active engagement of affected communities in addressing the profound impact of climate change on loss […]