Prof Emeritus at BRAC University Dr.
ainun Nishat recently said effective climate action requires full implementation of the National Adaptation Plan, alongside stronger capacity building and technology transfer. ‘Integrating climate considerations across all ministries is essential to addressing this growing threat,’ he said at a workshop in Dhaka.
the Finance Division of the Ministry of Finance, in partnership with the United Nations Development Program (UNDP), convened the high-level workshop to gather perspectives from private sector representatives along with representatives from financial regulators, relevant government agencies, and development partners in relation to private finance for climate action. The initiative comes at a decisive moment for climatevulnerable nations.
at COP30, world leaders warned that adaptation financing remains dangerously insufficient; despite escalating risks from sea-level rise, extreme heat, and climaterelated disasters. Bangladesh, though responsible for under 0.56% of global emissions, ranks 9th among the world’s most climate-exposed countries, facing annual financing needs estimated at USD 26 billion.