Friday, November 23, 2012

Bangladesh has to face climate change with own resources

Shafiqul Islam Jibon in the Financial Express: Climate aid to Bangladesh could be lower than the actual commitment, made by the world's richest countries in Copenhagen in 2009, experts said.

The wealthier nations then promised to provide US$30 billion to the developing countries by the end of 2012, and said this should be "new and additional" finance, balanced between support for adaptation and mitigation activities.

But so far, only $23.6 billion of the promised fund has been committed. Only 20 per cent of the finance has been allocated to projects that will help poor nations adapt to a changing climate.

Former caretaker government adviser Dr Hossain Zillur Rahman Friday told the FE, "Bangladesh should not rely on the foreign aid to fight against climate change."...

A tea garden in Bangladesh, shot by NAHID, Wikimedia Commons, under the Creative Commons Attribution-Share Alike 2.5 Generic license

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