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
The world is still not taking climate change seriously enough, even though the annual United Nations Conferences of Parties (COPs) try to focus minds on the urgency of the task
Environment, Forest and Climate Change Minister Saber Hossain Chowdhury today said 17 percent of Bangladesh will be submerged in water due to the rise in sea level
Climate variability could result in the loss of one-third of Bangladesh’s agricultural GDP by 2050, said a recent World Bank report.
Tackling the impacts of climate change in Bangladesh requires substantial financial commitment, but the upcoming fiscal year's budget allocation falls short, experts said at a programme today
Around 32 percent of coastal areas, mostly from low-income groups, are affected by climate-induced hazards in Bangladesh, says Babul Bala, programme lead of universal access programmes at WaterAid.
Chief Executive Officer (CEO) of the Global Center on Adaptation Prof Dr Patrick Verkooijen visited different areas of Chattogram today to witness the impact of climate change firsthand
Hundreds of millions of people could be living in areas where poor-quality groundwater threatens their health by the year 2100 as a result of rising temperatures
Many of the damages of human activity caused climate change to become irreversible already, but now the focus is on mitigation and adaptation.
Foreign Minister Dr Hasan Mahmud has called for urgent and robust international action on climate change, emphasizing the critical need to bolster support for Small Island Developing States (SIDS) in their resilience-building efforts
The Maldives on Saturday demanded international funding to battle rising sea levels, saying the low-lying Indian Ocean archipelago was being unfairly excluded from the most generous support measures
