Major polluters must help nations most vulnerable to climate change.
A group of lenders, including the World Bank, announced a joint goal on Tuesday of increasing this finance to $120 billion by 2030, a roughly 60% increase on the amount in 2023.
COP29 must secure fair climate finance for vulnerable nations
As COP29 progresses, Bangladesh will be watching closely to see whether the international community can meet the urgency of its climate needs.
Atmospheric concentrations of all three hit new highs in 2023, locking in future temperature increases for years to come, the World Meteorological Organization reported in October.
Human activities, such as the burning of fossil fuels and deforestation, release significant amounts of carbon dioxide into the atmosphere – disrupting the natural carbon cycle. In 2023, carbon pollution – as a result of human activity – reached a record 37.4 billion tonnes. With such record-breaking carbon emissions, it is getting harder for them to absorb atmospheric carbon.
If left unchecked, global warming could set in motion dangerous and irreversible changes to planetary systems such as the disappearance of ice sheets or a collapse of ocean currents.
Bangladesh is experiencing a faster sea-level rise than the global average of 3.42mm a year, which will impact food production and livelihoods even more than previously thought, government studies have found.
The city's destiny hinges on all urbanites’ collective commitment to sustainable urbanisation.
World, local leaders must come up with a better response
Countries clashed on Saturday over a possible agreement to phase-out fossil fuels at the COP28 summit in Dubai, jeopardising attempts to deliver a first-ever commitment to eventually end the use of oil and gas in 30 years of global warming talks.
Although the proposal for the Loss and Damage Fund was adopted at COP27, the declaration to operationalise it came at COP28.
It's rare to see an iceberg of this size on the move, said British Antarctic Survey glaciologist Oliver Marsh, so scientists will be watching its trajectory closely.
Conventional finance alone will not help our nation to achieve its full renewable energy potential.
We need heat-resilient infrastructure to shield our young and elderly.
The Pope’s urging comes at an appropriate juncture in the now-flagging momentum of the global environmental movement
To deal with challenging climates, people have been living in caves for thousands of years.
The profit model of business has ignored climate change for too long.
A thorough and strategic approach is required to defend against the recurrent floods and climatic disasters Bangladesh faces.