Dhaka, Nov. 4 -- Transparency International Bangladesh (TIB) has said more than half of the funds allocated to climate finance from the national budget during the previous Awami League administration has been lost to corruption.

From 2010 to 2024, the organisation said, the Bangladesh Climate Change Trust Fund (BCCT), approved project allocations worth $458.5 million.

Of that amount, an estimated $248.4 million (Tk 21.106 billion) was lost to corruption.

The report, presented at a briefing in Dhaka on Tuesday, found that corruption affected 54 percent of the total allocations.

The event, held at the MIDAS Center in Dhanmondi, marked the release of TIB's research report titled "Challenges and Way Forward in Ensuring Good Governance in ...