PM stresses unlocking carbon markets to ensure climate justice | The Business Standard
Skip to main content
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
    • GOVT. Ad
  • More
    • Subscribe
    • Videos
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Games
    • Long Read
    • Interviews
    • Offbeat
    • Podcast
    • Quiz
    • Tech
    • Trial By Trivia
    • Magazine
  • বাংলা
The Business Standard

Tuesday
May 30, 2023

Sign In
Subscribe
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
    • GOVT. Ad
  • More
    • Subscribe
    • Videos
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Games
    • Long Read
    • Interviews
    • Offbeat
    • Podcast
    • Quiz
    • Tech
    • Trial By Trivia
    • Magazine
  • বাংলা
TUESDAY, MAY 30, 2023
PM stresses unlocking carbon markets to ensure climate justice

Bangladesh

BSS
03 April, 2021, 11:25 am
Last modified: 03 April, 2021, 11:47 am

Related News

  • PM seeks int'l communities help for dignified repatriation of Rohingyas
  • PM likely to visit India in September: Quader 
  • Bangladesh's upcoming national polls will be under AL govt: PM Hasina
  • PM Hasina gives 7 lessons for future leaders during Qatar University speech
  • PM reaches Doha for Qatar Economic Forum

PM stresses unlocking carbon markets to ensure climate justice

She came up with the importance in her article headlined “Forging Dhaka-Glasgow CVF-COP26 Solidarity” written in famous Diplomat magazine

BSS
03 April, 2021, 11:25 am
Last modified: 03 April, 2021, 11:47 am
Prime Minister Sheikh Hasina TBS Sketch.
Prime Minister Sheikh Hasina TBS Sketch.

Prime Minister Sheikh Hasina has underscored the need for unlocking the carbon markets to ensure climate justice alongside finding solution to the losses and damages caused by natural calamities.

She came up with the importance in her article headlined "Forging Dhaka-Glasgow CVF-COP26 Solidarity" written in famous Diplomat magazine.

The magazine in its April, 2021 issue carried the article where Sheikh Hasina also urged all to take a united stand to effectively fight the war against nature.

In the article she wrote, "We want to see international carbon markets unlocked for transnational climate cooperation and solutions found to our profound loss, damage and climate injustice."

Sheikh Hasina, also the incumbent president of the Climate Vulnerable Forum (CVF), said that like Bangladesh, every CVF nation has an irreversible climate loss and damage story to tell.

"But they contributed little to global emissions. It is time to address this climate injustice," she continued.

Calling upon all to remain united in the war against nature, the prime minister said, "In our war against nature, we'll lose unless we unite."

She said that humans are consciously destroying the very support systems that are keeping us alive.

"What planet shall we leave for the Greta Thunbergs or those at the Bangladesh Coastal Youth Action Hubs? At COP26 we must not fail them," she said.

She went on saying, "We want to see climate financing unleashed, not only towards a low-carbon economy, but also for the promised $100 billion, and 50% dedicated to climate resilience building."

To this end, she added that the CVF represents over one billion of the world's most vulnerable communities, whose very survival is threatened by the slightest sea level rise, frequent hurricanes or rapid desertification.

She mentioned that for Bangladesh, often referred to as the 'ground zero' of natural disasters, climate change is a survival battle braved by millions of our resilient people whose homes, lands and crops are lost to the recurring wrath of nature.

The premier in her write up also said every year, 2% of a country's GDP is lost to extreme climate events, adding that by the turn of the century, it will be 9%.

By 2050, more than 17% of its coastlines will go underwater displacing 30 million, she continued.

She said six million Bangladeshis have already become climate displaced and yet the country continues to bear the 1.1 million Rohingyas from Myanmar at the cost of environmental havoc in Cox's Bazar.

"Who will pay for this loss and damage?" she questioned.
 

Top News

Prime Minister Sheikh Hasina

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Priority on fighting inflation, funding projects
    Priority on fighting inflation, funding projects
  • Private credit growth hits 13-month low in April
    Private credit growth hits 13-month low in April
  • DSA may scare away potential investors: UN special rapporteur
    DSA may scare away potential investors: UN special rapporteur

MOST VIEWED

  • File Photo: Mohammad Minhaj Uddin/TBS
    Low-cost housing planned for 4 lakh Bangabandhu Shilpa Nagar workers
  • File Photo: UNB
    US govt's new visa policy does not bother Bangladesh government: Shahriar Alam
  • Bus rams Pak deputy high commissioner's car in B'baria
    Bus rams Pak deputy high commissioner's car in B'baria
  • Malaysian ship docks at Mongla port with 926 luxurious cars
    Malaysian ship docks at Mongla port with 926 luxurious cars
  • Photo: TBS
    Private helicopter service launched in Ctg
  • Photo: Wikimedia Commons
    Bus and minibus workers strike in Chattogram

Related News

  • PM seeks int'l communities help for dignified repatriation of Rohingyas
  • PM likely to visit India in September: Quader 
  • Bangladesh's upcoming national polls will be under AL govt: PM Hasina
  • PM Hasina gives 7 lessons for future leaders during Qatar University speech
  • PM reaches Doha for Qatar Economic Forum

Features

An exquisite symphony of flavours awaits in the heart of Old Dhaka, as this vegetarian ensemble takes centre stage, showcasing the rich heritage of traditional cuisine. Photo: Noor-A-Alam

Jagannath Bhojonaloy: Vegetarianism, the traditional way

14h | Food
Inside Airbus's mega plan to develop the aviation ecosystem in Bangladesh

Inside Airbus's mega plan to develop the aviation ecosystem in Bangladesh

16h | Panorama
How women's purchasing power is altering market dynamics

How women's purchasing power is altering market dynamics

15h | Panorama
Media companies are rushing to capture the youngest market of news consumers in the misplaced hope that this will ensure their survival. Photo: Bloomberg

News firms are too obsessed with wooing the young

15h | Panorama

More Videos from TBS

Erdogan prevails in election test

Erdogan prevails in election test

7h | TBS World
Why AB turns its focus on agri from corporate lending?

Why AB turns its focus on agri from corporate lending?

9h | Corporate Talks
Sword of Tipu Sultan sold in auction

Sword of Tipu Sultan sold in auction

10h | TBS World
Who will be the champion if rain washes out reserve day?

Who will be the champion if rain washes out reserve day?

10h | TBS SPORTS

Most Read

1
End of zero tax!
NBR

End of zero tax!

2
Photo: TBS
Energy

Wind power feeds national grid for first time Friday

3
File Photo: Mohammad Minhaj Uddin/TBS
Bangladesh

Low-cost housing planned for 4 lakh Bangabandhu Shilpa Nagar workers

4
Cenbank prints Tk70,000cr new money in 11 months to support nat'l budget
Budget

Cenbank prints Tk70,000cr new money in 11 months to support nat'l budget

5
File Photo: UNB
Bangladesh

US govt's new visa policy does not bother Bangladesh government: Shahriar Alam

6
Govt to double gain tax on land, flat registration
Budget

Govt to double gain tax on land, flat registration

EMAIL US
[email protected]
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Privacy Policy
  • Comment Policy
Copyright © 2023
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - [email protected]

For advertisement- [email protected]