The World Bank today approved three loans totalling $1.16 billion to help Bangladesh improve health services, boost water and sanitation services and achieve greener and climate-resilient development, it said in a statement.
The target for 2035 would see emissions slashed by 45 to 50 percent from 2005 levels, on its way to net-zero by mid-century.
The new benchmark affirmed by the Copernicus Climate Change Service caps a year in which countries rich and poor were hammered by disasters that scientists have linked to humanity's role in Earth's rapid warming.
The hearings begin a week after developing nations denounced as woefully inadequate an agreement reached at the COP29 summit for countries to provide $300 billion in annual climate finance by 2035 to help poorer nations cope with climate change.
New South Wales police said 170 protesters were arrested on Sunday for refusing to move from the shipping channel near the Port of Newcastle.
Nearly 200 nations approved Sunday a climate deal that raises to at least $300 billion a year the amount wealthy historic polluters pay poorer countries to take action against global warming
"The proposed decision to allocate USD 250 billion per year for all developing countries is shockingly insufficient," said the adviser
COP29 draft deal says rich nations should pay the amount to fight climate change
Global sea level rise sped up dramatically at a doubled rate since 1993 due to climate change, according to a new report, as temperatures continue to rise posing “a major threat to many millions” of people living along coastal regions.
Bangladesh has a National Action Plan ready on climate change stressing the need for $230 billion over next 27 years till 2050 to enhance its adaptation capacity, as the the COP 27, the biggest climate event, kicks off today in Egypt to tame the rising temperature.
If carbon dioxide emissions continue unabated throughout the 21st century, the costs from riverine flood damages and decreased agricultural and worker productivity due to the temperature increase will go up to 4 percent of the country’s GDP per year by 2050, according to a new report by the World Bank.
The thermometer was touching 50 degrees Celsius (122 Fahrenheit) in the central Indian city of Nagpur as cartoonist Rohan Chakravarty spoke about how climate change influences his work.
Bangladesh is facing at least seven crises at present, the Centre for Policy Dialogue (CPD) said today.
While individual carbon footprints are dwarfed by global fossil fuel companies, we can do a lot to tackle the climate crisis and “be the change we wish to see in the world.”
Most of the world’s wealthiest are to blame for the rising use of private jets.
Asia and the Pacific is the most disaster-prone region in the world. It also happens to be the most populous, leaving it disproportionately vulnerable to the impacts of climate change. In fact, of the 10 countries most affected by climate change in the last 20 years, six are in Asia.
Dhaka is losing $6 billion worth of labour productivity each year due to heat stress from extreme temperatures, said a study published yesterday.
Foreign Minister Dr AK Abdul Momen has highlighted the importance of enhanced funds for climate change mitigation and adaptation.
