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10 March, 2018 00:00 00 AM
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First ever climate fund for Bangladesh

First ever climate fund for Bangladesh

It is good to know that finally Bangladesh is going to receive funds from the Global Green Climate Fund (GCF) to implement a project to construct climate resilient infrastructure. In this regard a financing agreement worth $40 million grants from GCF was signed. According to the yesterday report, Bangladesh will also get $15 million grants, from the German government, to ‘Climate Resilient Infrastructure Mainstreaming (CRIM) in Bangladesh’.

The CRIM is the first project approved by the Global Green Climate Fund which was created to help the poor but extremely vulnerable countries to climate change. It is expected that the fund of the project would be properly and effectively spent.

It is known to the world at large that Bangladesh is among the topmost countries of the world that are bearing the brunt of green house gas effects with no fault of its own. It is the developed countries that are the largest emitters of green house gas and it is the moral responsibility of these countries to help the poorer but affected countries to help mitigate the impacts.

So, the fund that Bangladesh is receiving is not aid, but compensation, compensation for the wrong done to it. And certainly monetary reparation will never equal the harm Bangladesh is facing currently, however great the amount of that reparation. The harm is so great for this small deltaic country that Bangladesh had to create its own climate trust fund for mitigating the climate change impacts. In the coming years, this impact would be even greater.

According to the fifth report of the Intra Governmental Panel on Climate Change (IPCC) of the UN the climate change fallout for Bangladesh is very gloomy. The pace with which at present the sea level is rising, by the year 2050, 35 to 50 million people would become climate change refugees in this country alone. The ice of Greenland and Antarctica is melting faster than any other time at present. Besides displacing this huge number of people, by that time, green house emission would also cause temperature to increase by 5 to 7 degree Celcius. In the South Asian region, countries like Nepal, India, Sri Lanka, etc. are also becoming victims of climate change, but the scourge facing Bangladesh is greater that these countries.

That is why the developed countries need to constantly stand by Bangladesh in its effort to build all kinds of infrastructure for helping the rootless people who have already lost their belongings to super cyclones such Sidr and Aila. These cyclones have already created a great number of internal climate change refugees.  

 

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Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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