Dhaka, June 20 -- Climate change is rapidly becoming a powerful threat multiplier for Bangladesh's poor, deepening existing poverty and increasing vulnerability to future shocks, according to the Bangladesh Poverty Watch Report 2024, released on Thursday.
The report - jointly prepared by the Institute for Inclusive Finance and Development (InM) and the Centre for Inclusive Development Dialogue (CIDD)-warns that climate-induced hardships are accelerating economic inequality and forcing millions closer to displacement and destitution.
Now in its third edition, the report focuses on the crucial intersection of poverty and climate vulnerability in Bangladesh, one of the countries most at risk from climate change. It highlights how the effects...