100 crore special allocation proposal to deal with climate change risk

A special allocation of Rs 100 crore has been proposed for climate change and environmental protection. Finance Minister Abul Hasan Mahmud Ali proposed this while presenting the proposed national budget for the fiscal year 2024-25 on Thursday (June 6).

The finance minister said that the Bangladesh Climate and Development Platform (BCDP) has been formed for the purpose of proper coordination of the projects undertaken to combat the impact of climate change. Bangladesh is one of the countries in the world for which the impact of climate change is the most profound. Considering the depth and extent of this impact, we have taken all the necessary steps planned to increase the capacity of adaptation to climate change and reduce the impact.

He also said that a special allocation of Tk 100 crore has been proposed to speed up the related activities.

The finance minister also said that adaptation and mitigation activities to deal with climate change risks are getting a serious place in all development plans of the government. Moreover, climate assessment must be taken into account while evaluating all government project proposals. We are currently assessing the amount of climate-related allocations and actual expenditure in the budgets of 25 climate-related ministries or departments.