Bangladesh seeks EU support for dollar allocation for LDC countries

, National

Staff Correspondent, Barta24.com | 2024-11-22 17:21:58

Dhaka: Bangladesh has urged the European Union (EU) to support the proposal to allocate 200 billion US dollars for the least developed countries (LDCs) and the most vulnerable countries to address the challenges of the climate crisis.

The call was made at a bilateral meeting between LDC ministers and EU ministers on the final outcome of COP29 in Baku on Friday (November 22). The meeting emphasized the need to achieve a balanced and equitable agreement through cooperation between both sides to resolve the remaining issues.

In this meeting, Bangladesh's representative, Environment Adviser Syeda Rizwana Hasan, said that many issues still remain unresolved. She also called on both sides to work together to ensure a meaningful and inclusive agreement at COP29.

At the meeting, the LDC ministers highlighted their main positions, emphasizing the need for financial and technical assistance to address the impacts of climate change.

EU ministers acknowledged the concerns of LDCs and reiterated their commitment to addressing climate risks and ensuring sustainable development.

The meeting discussed key issues such as climate finance, adaptation, emission reductions and the global stock take process. The meeting marked an important step forward in ensuring that the voices of the most vulnerable countries are heard and that effective action is taken in the final negotiations of COP29

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