Dhaka, May 29 -- Climate budget allocations in Bangladesh remain neither adequate nor well-planned, and the coastal regions continue to face growing risks due to the lack of protection infrastructure. Despite an increase in climate-induced losses and damages, budgetary allocations have not risen, and the demands of coastal communities have long been neglected. Speakers at a seminar today called for a minimum of 3% of GDP to be allocated for climate financing in the upcoming national budget of 2025-26. They further urged the government to priorities sectorial allocations to safeguard the lives and livelihoods of nearly 40 million people living in the climate-vulnerable coastal belt of Bangladesh. Urgent investments are needed, including th...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.