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Financing a climate-resilient and low-emission future

Date
Time (GMT +00) 13:00 15:00

Moderators

Saleemul Huq @SaleemulHuq – Director, International Centre for Climate Change and Development (ICCCAD), Bangladesh

Simon Maxwell @SimonMaxwell001 – Senior Research Associate, ODI

Opening remarks

Hon. Md. Fazle Rabbi Miah – Deputy Speaker Advocate MP

Presentations

Atiur Rahman Former governor of the central bank of Bangladesh 2009-2016

 Bob Buhr – Director, Green Planet Consulting Limited and Honorary Research Fellow, Centre for Climate Finance & Investment, Imperial College Business School

Mizan R. Khan – Deputy Director, ICCCAD and Programme Director, LUCCC

Sam Evans – Head of Natural Environment, Greater Manchester Combined Authority

Closing remarks

Robert Chatterton-Dickson – British High Commissioner in Dhaka

Rt Hon Alok Sharma MP – President of the COP26 Climate Change Conference

Description

Given Bangladesh’s vulnerability to climate change, climate finance is a high priority for the country. The government has been a leader in efforts to mobilise climate finance, mainstreaming climate finance across a government budgets, and reporting on spending regularly and transparently. It is also pressing the international community to scale-up efforts to address loss and damage associated with climate change impacts including supporting people displaced by climate threats and establishing international responsibility for compensation for displacement.

The UK has committed to double its international climate finance to £11.6bn over 2021-2025 and has set out 11 COP26 priorities for public finance setting a clear benchmark for the international community. It has committed to align its entire ODA portfolio with the Paris Agreement, and will continue to support governments and central banks to fully integrate climate risk into macroeconomic financial stability systems. It will be the first country in the world to make the recommendations of the Taskforce on Climate-related Financial Disclosures mandatory and is channelling the appetite from the financial sector for investments in the low carbon transition by creating new methods for investors and governments to work together.  

This event is part of the UK-Bangladesh Climate Partnership Forum virtual series which is building momentum on the journey to COP26. Watch previous sessions and download resources.

If you are unable to attend this event but would like to receive updates about the series, sign up for updates