Finance
Less Developed Countries Bangladesh called to lead the interests of less developed countries
Dhaka, December 6: Representatives of civil society have recommended Bangladesh to play an important role in providing strong leadership on behalf of less developed countries in the creation of Loss and Damage Financing Framework (LDFF) in next year's climate talks.
This was said by the experts in a discussion on the results of Cop 27 and the views of the civil society on future actions at the National Press Club on Monday (December 5).
AOSED, KANSA-BD, Coastal Development Partnership (CPD), COAST Foundation, Center for Participatory Research and Development (CPRD), Center for Sustainable Rural Livelihood (CSRL), EQUIDBD and LEADERS jointly COP-27 Outcomes and Actions in Bangladesh: Post-Damage Financing Organized a press conference titled 'Bangladesh must be the leader in the discussion'.
Many participants of the recently held COP 27 in Egypt spoke at a press conference moderated by Coast Foundation's Rezaul Karim Chowdhury. Ziaul Haque Mukta of CSRL, Md Shamsuddoha of CPRD, and Rabeya Begum of Kansa-BD spoke among others. EquityBD's Aminul Haque presented the main article.
Aminul Haque noted that the Declaration of Loss and Damage Finance Framework (LDFF) is a significant achievement of COP-27. LDCs cannot be complacent about this. Until it can be established as a pro-poor and equitable system. He criticized rich countries and the COP president for not mentioning LDCs and island nations in the conference's final declaration. Because these countries have been working for a long time on financing damages.
He outlined some specific demands which include-Bangladesh should play a leadership role in defining and asserting the position of LDCs in the upcoming conferences and negotiations to establish an effective LDFF, taking into account the rich countries' historical commitment to climate change in framing the framework of the LDFF, 2030 Bangladesh should apply pressure to the rich countries in formulating national plans or National Determined Contributions by fixing the target of reducing carbon emissions by half within the year.
