TIB calls for transparency in climate change funding
The Transparency International Bangladesh (TIB) yesterday called for forming a “coordinated national platform†to ensure the accountability in the management of funds meant for combating climate change.
Iftekharuzzaman, TIB executive director, made the call at a press conference, titled “Seeking transparency, accountability and justification in international and national climate funding: Cop 18 Doha climate conferenceâ€, organised by TIB and Climate Finance Governance Network (CFGN) in the capital's Cirdap auditorium.
He also demanded forming of an international “Watchdog Bodyâ€, by the governments and members of civil society of the developed countries and also that of the countries which have been affected by the climate change to monitor the utilisation of the funds.
Bangladesh with its own money has created a $340 million Climate Change Trust Fund (BCCTF) to combat climate change. The countries largely contributing to the carbon emission have approved $152 million for the Climate Change Resilient Fund (BCCRF); however, they had earlier promised for $170 million, he added.
The press conference was held against the backdrop of the eighteenth session of the UN Climate Change Conference slated in Doha from November 26 to December 7.
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