Bangladesh will need an estimated 116.18 billion US dollars to implement its updated national climate plan, known as NDC 3.0, between 2026 and 2035 — yaani about 11,618 crore US dollars — including 90.23 billion dollars (yaani about 9,023 crore dollars) that must come from international support, presenters told a pre-COP31 dialogue in Dhaka on Saturday, The Business Standard and The Daily Express reported.
Source: The Business Standard
The plan targets a 20.31 percent cut in greenhouse gas emissions by 2035, equivalent to 84.97 million tonnes of carbon dioxide equivalent. Separately, Bangladesh's National Adaptation Plan for 2023–2050 identifies 113 initiatives requiring around 230 billion dollars — yaani about 23,000 crore dollars.
Source: The Daily Express
The dialogue, titled 'People-Led Policy: Bangladesh Position at COP31', was held at the CIRDAP auditorium in Dhaka and organised by a coalition of 33 national and international organisations. State Minister for Foreign Affairs Shama Obaed urged developed countries to honour their climate finance pledges ahead of COP31, and the civil society position paper presented there calls for debt-free, grant-based climate finance rather than loans that add to the debt burden of climate-vulnerable communities.
Source: The Business Standard
Farah Kabir, country director of ActionAid Bangladesh, said Bangladesh bears a disproportionate burden of climate change and called for collective action to secure grant-based finance. Youth representatives presented demands covering climate finance, education, employment, gender justice and meaningful participation in decision-making, and participants stressed that funding must reach affected communities, with resettlement support for people displaced by climate impacts.
Source: Just Energy News
Mirza Shawkat Ali, director for climate change and international convention at the Department of Environment, said initiatives were under way to reduce industrial emissions and stressed that credible evidence and specific plans were essential to present Bangladesh's demands effectively at international negotiations.