DHAKA, 04 November 2021, (TON): Prime Minister Sheikh Hasina has said “effective action plans are not possible without adequate, sustained, and flexible climate finance.”
She said while presiding over Climate Vulnerable Forum Leaders' Dialogue "it's sad and disappointing that, till now, the major greenhouse gas-emitting countries have failed to deliver their promised annual amount of 100 billion dollars.”
United Nations Secretary-General Antonio Guterres and Thematic Ambassador of the Climate Vulnerable Forum (CVF) Saima Wazed Hossain, among others, spoke at the event.
Hasina said "faced with the existential threat of climate change, we, the CVF members, at this COP, demand that developed countries provide a Delivery Plan of a total of 500 billion dollars for each of the entire 5-year period from 2020 to 2024, with a 50:50 ratio between adaptation and mitigation.”
She said “the CVF members are among the countries worst affected by the adverse impacts of climate change despite having no historical role or responsibility in this crisis.”
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