Atmosphere, Forest, and Climate Switch Adviser Syeda Rizwana Hasan has emphasized that cohesion among climate-affected nations, alongside with Bangladesh, is more indispensable than the amount of funding they receive.
Speaking in an enthralling interview with UNB on the COP29, the adviser highlighted the importance of collective energy in addressing climate challenges and warned that disunity could prove detrimental.
“Our negotiators’ cohesion is necessary on the COP29 convention,” talked about Rizwana. “If the focus shifts to who will get what amount of cash, it weakens our cohesion. A shortage of cohesion would damage us a great deal.”
When asked relating to the nature of cohesion, she defined, “The conferences held by representatives from diversified international locations must continue as a part of the course of. If affected international locations, alongside with smaller nations fancy Bangladesh, remain united, this is also a main achievement of this COP29.”
Addressing questions relating to the funds anticipated for climate-affected nations, Rizwana talked about, “The amount of cash we are speculated to find is now not going to be got in plump; that worthy is determined. However, the focus should always be on the standard of funds fairly than the amount. Will the funds advance as loans, by carbon credit rating, or as dispute grants from the UN? If we can agree on the standard of funds, that could well be a victory.”
She added, “Your hope could fluctuate from mine. To illustrate, probabilities are you’ll well imagine that receiving $1.3 billion will resolve our problems. I imagine focusing on the amount could atomize our cohesion, which could well be a main loss. Affirming cohesion is where my hope lies. We must focus on the structure of the funding, making sure it comes from public sources.”
Rizwana talked about that achieving quality funding could well be a large get, particularly for inclined communities. Referring to flood-affected regions fancy Feni, Cumilla, Sherpur, and Sylhet in Bangladesh, she highlighted the $90 debt burden on every peron attributable to climate-connected initiatives.
“It is now not about what amount of cash we receive. Although a Third of our land goes underwater, no amount of cash will suffice. We must imply for mitigation efforts, reducing carbon emissions by phasing out fossil fuels,” she stressed out.
Half of the funds, she talked about, should always be directed in direction of rising the adaptive capacities of flood-affected communities. She underscored the importance of sustaining the climate funding course of, declaring, “This course of must continue—now not once a one year nonetheless perchance twice. Securing funds is secondary; the continuity of the course of is key.”
Rizwana reiterated that Bangladesh and international locations in identical insist facing the risk of submersion must ask changes from fossil gasoline-reliant nations. “We must remark our philosophize: it be now not about making an strive for astronomical sums of cash; it be about finding alternate choices to our problems,” she talked about.
The federal government is currently reviewing power policies and plans to transition from fossil gasoline-primarily based production to renewable power. Import tariffs are being reconsidered, and foreign funding in solar power initiatives is encouraged. She diagnosed pollution from power vegetation as a main environmental anxiousness and talked about here’s the upright time to make investments in renewable power.
Rizwana discussed the disputes surrounding Article 6, calling carbon “a weapon.” She warned that if developed nations defend emission reductions within their borders, it could well severely damage inclined nations.
Bangladesh, Nepal, and Bhutan portion identical climate challenges, and Rizwana in fact helpful prioritizing collective motion to minimize vulnerabilities. Discussions are ongoing about whether to stress adaptation, mitigation, or loss and injury. Two conferences dangle already taken space, and a Third is scheduled in Bangladesh in January.
She additionally highlighted the want for technological assistance for pain warning systems. Raze management is a critical scenario in Bangladesh, contributing 10% of greenhouse gas emissions. Dhaka on my own generates 6,000 tonmes of damage day-to-day, with 73% dumped untreated into landfills, inflicting methane emissions.
Rizwana talked about Bangladesh has sought Japan’s increase for sustainable damage management initiatives, alongside with helpful resource restoration centres, damage-to-power vegetation, and sanitary landfills.
Bangladesh objectives to source 40% of its power from renewable resources by 2041, nonetheless this arrangement requires monetary and technological increase. The nation has requested China to relocate solar manufacturing vegetation to minimize import dependency, and connected coverage reforms are below review.
The up to this point NDCs require $176 billion for implementation by 2030, of which $32 billion will seemingly be mobilised domestically. The remaining will rely on global again. Bangladesh plans to put up its NDC 3.0 next one year.
Mirza Shawkat Ali, director of Climate Switch and World Conventions on the Division of Atmosphere and a member of Bangladesh’s delegation, talked about that although the COP29 convention was scheduled to pause on 22 November, the closing text had now not but been launched.