Prime Minister Sheikh Hasina has placed a six-point proposal at Munich Security Conference, urging world leaders to unlock funds for the nations suffering from climate change, and end the arms race to divert resources into climate financing. "Senseless arms-race must be stopped and resources need to be diverted into mobilising the much-needed fund for fighting climate change. In the first of the six proposals, the Bangladesh premier said, "We must find solutions to unlock climate financing to keep us on track by implementing the six suggestions." She reiterated that developed countries must fulfil their commitment to provide $100 billion per year up to 2025, based on a delivery plan. "And, by the end of this year, we all must agree on a new climate financing target for post-2025, preferably above $100 billion, on the basis of scientific evidence," she said.

Source: bd News24 February 16, 2024 23:05 UTC