Financing a climate-resilient and low-emission future
Moderators
Saleemul Huq @SaleemulHuq – Director, International Centre for Climate Change and Development (ICCCAD), Bangladesh
Simon Maxwell @SimonMaxwell001 – Senior Research Associate, ODI
Opening remarks
Hon. Md. Fazle Rabbi Miah – Deputy Speaker Advocate MP
Presentations
Atiur Rahman – Former governor of the central bank of Bangladesh 2009-2016
Bob Buhr – Director, Green Planet Consulting Limited and Honorary Research Fellow, Centre for Climate Finance & Investment, Imperial College Business School
Mizan R. Khan – Deputy Director, ICCCAD and Programme Director, LUCCC
Sam Evans – Head of Natural Environment, Greater Manchester Combined Authority
Closing remarks
Robert Chatterton-Dickson – British High Commissioner in Dhaka
Rt Hon Alok Sharma MP – President of the COP26 Climate Change Conference
Description
Given Bangladesh’s vulnerability to climate change, climate finance is a high priority for the country. The government has been a leader in efforts to mobilise climate finance, mainstreaming climate finance across a government budgets, and reporting on spending regularly and transparently. It is also pressing the international community to scale-up efforts to address loss and damage associated with climate change impacts including supporting people displaced by climate threats and establishing international responsibility for compensation for displacement.
The UK has committed to double its international climate finance to £11.6bn over 2021-2025 and has set out 11 COP26 priorities for public finance setting a clear benchmark for the international community. It has committed to align its entire ODA portfolio with the Paris Agreement, and will continue to support governments and central banks to fully integrate climate risk into macroeconomic financial stability systems. It will be the first country in the world to make the recommendations of the Taskforce on Climate-related Financial Disclosures mandatory and is channelling the appetite from the financial sector for investments in the low carbon transition by creating new methods for investors and governments to work together.
This event is part of the UK-Bangladesh Climate Partnership Forum virtual series which is building momentum on the journey to COP26. Watch previous sessions and download resources.
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