Climate summit: Hasina urges major emitters to formulate plan to save the planet
April 22nd, 2021 at 11:11 pm
She suggested for an annual 100 billion-dollar fund to be used on 50:50 ratios for adaptation and mitigation. She urged for special attention for the vulnerable communities while pursuing ‘loss and damage’.
Climate summit: Hasina urges major emitters to formulate plan to save the planet

by Staff Correspondent in Dhaka;

Bangladeshi Prime Minister Sheikh Hasina has urged the major emitters to formulate immediate action plan to save the planet by drastically cutting the rate of carbon emissions.

Hasina made the call on Thursday while addressing a high-level virtual summit organized by US president Joe Biden, who returned the US to the 2015 Paris protocol revising his predecessor Donald Trump’s decision to withdraw from the agreement.

The Paris conference had resolved that the global temperature rise must be limited bellow 1.5 degree Celsius.

Head of states or governments from 39 other countries, including those vulnerable to climate change, joined the summit to make their points to save the planet from the fallout of the climate change.

Hasina, also the chief of Climate Vulnerable Forum, made her points clear that collective efforts would help save the world. She put forward a four-point suggestions to this end.  

Beside ambitious action plans by developed nations, Hasina suggested the developing nations to focus on mitigation measures to limit the temperature below 1.5 degree Celsius.

She suggested for an annual 100 billion-dollar fund to be used on 50:50 ratios for adaptation and mitigation. She urged for special attention for the vulnerable communities while pursuing ‘loss and damage’.

Hasina emphasized for concessional climate financing by the developed economies, international lenders beside innovation to address the challenges. She also urged the private sector to play their parts duly.

The prime minister asked for special attention on green economy and carbon neutral technologies with provision of technology transfer among nations.

As the world is passing through an unprecedented pandemic triggered by the Covid-19 disease, Hasina sought a collective response to save the human race.  

Hasina said Bangladesh has now been spending nearly 5 billion dollars to fight against vulnerabilities related to climate change, especially adaptation and resilience building.

She said Bangladesh is hosting the South Asian regional office of the Global Centre on Adaptation which is promoting locally-led adaptation solutions.

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