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The Financial Express

TIB worried over $100b fund for Climate Vulnerable Countries

| Updated: November 12, 2021 19:09:51


TIB worried over $100b fund for Climate Vulnerable Countries

The Transparency International Bangladesh (TIB) has expressed deep concern about uncertainty of $100-billion fund for climate-vulnerable countries (CVCs), including Bangladesh, in the UN Climate Change Conference or COP26 in Glasgow.

It exhorted the CVCs and rich countries to play a responsible role in helping increase allocation of climate-adaptation funds and gearing up the promised climate financing for vulnerable nations.

TIB executive director Dr Iftekharuzzaman made the call in a press statement on Thursday.

He said most of the pledges earlier made by the world leaders to take an effective measure to check global warming were not fulfilled in the COP26.

"We (TIB) hope the developed nations will reach a consensus on providing climate financing to the climate-vulnerable countries," cited Mr Zaman.

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