December 11, 2022
1 min read

Hasina bats for int’l support for 230 bn USD National Adaptation Plan

Bangladesh continues to seek a 50-50 distribution between adaptation and mitigation from international climate financing,” said Hasina….reports Asian Lite News

Bangladesh Prime Minister Sheikh Hasina on Sunday urged international partners to support her country’s efforts to implement its recently launched National Adaptation Plan (NAP) for 2023-2050, which requires a total of 230 billion US dollars.

Bangladesh needs 230 billion US dollars “for implementing our NAP from both domestic and international resources. Bangladesh continues to seek a 50-50 distribution between adaptation and mitigation from international climate financing,” she was quoted as saying by Bangladesh’s official news agency BSS, Xinhua News Agency reported.

She made the remarks from her official residence Ganabhaban when opening via video link the Global Hub on Locally Led Adaptation at Foreign Service Academy here.

She said the Bangladeshi government now spends 6 or 7 per cent of the country’s gross domestic product for climate adaptation, adding that the Climate Change Trust Fund launched in 2009 has so far implemented 800 projects for both climate adaptation and mitigation in the South Asian country.

“Our NAP will complement the work being done under our Bangladesh Delta Plan 2100 and Mujib Climate Prosperity Plan. I invite our partners from the international public and private sectors to join us in this effort,” she said.

While pledging the Bangladeshi government’s full support for the Global Hub on Locally Led Adaptation, the prime minister said Bangladesh looked forward to seeing the emergence of the Global Center on Adaptation (GCA) Regional Office in Dhaka as a centre of excellence for the region and beyond.

ALSO READ: Navy participates in int’l fleet review in Bangladesh

Previous Story

Canada’s Parliament rises up, recognising Sindhi language

Next Story

Afghan security forces’ firing kills 5 in Pak border

Latest from -Top News

India bids emotional farewell to Manmohan Singh

The nation bid an emotional farewell to the stalwart Congress leader who was fondly known as the ‘Architect of India’s economic reforms’. Former Prime Minister Dr. Manmohan Singh was laid to rest

Biden pays tribute to India’s ex-PM Manmohan Singh

Presiden Biden emphasised that “the unprecedented level of cooperation between the United States and India today would not have been possible without the Prime Minister’s strategic vision and political courage.” US President

OpenAI’s o3 reasoning model ignites AI hype

Social media influencers have kicked off a fierce debate over OpenAI’s new o3 reasoning model, with some of them raising concerns about its high cost and the potential for overhyping its artificial
Go toTop

Don't Miss

Hasina calls for more collaboration to ensure food security

Bangladesh Prime Minister Sheikh Hasina on Thursday called for greater

Awami League Hit Hard, 20 Leaders Dead

At least 10 people were killed in violence-hit Satkhira, and