SS Report
Dhaka, 10 December 2025:
As Bangladesh prepares its forthcoming Climate Finance Strategy, the Finance Division of the Ministry of Finance, in partnership with UNDP and supported by AFD, held a high-level consultation in Dhaka to improve how climate finance is mobilized and managed amid rising environmental pressures. Government officials, development partners and international financing institutions joined the discussion under the IBFCR project.
Although Bangladesh contributes less than 0.56% of global emissions, the country faces some of the world’s highest climate risks, with annual climate financing needs estimated at USD 26.12 billion.
Chief Guest Syeda Rizwana Hasan stressed the need for simplified, outcome-oriented financing and stronger institutional capacity. Chairing the workshop, Additional Secretary Md. Hasanul Matin warned that climate change is already a present reality, requiring a robust fiscal system for mobilizing and monitoring resources.
Economic Relations Division’s Additional Secretary AKM Sohel said Bangladesh cannot afford more loans, calling for equity-based and guaranteed funding. AFD’s Deputy Country Director Cecilia Cortese urged faster climate finance flows to local communities, while Sweden’s First Secretary Nayoka Martinez Bäckström emphasized coordinated, inter-ministerial prioritization.
Technical discussions on public–private financing and sector needs will inform the national Climate Finance Strategy, shaping the next phase of Bangladesh’s long-term climate and development planning.
