Incheon:State Minister for Environment, Forest and Climate Change Shaikh Faridul Islam has emphasized the necessity for effective measures and sufficient financing to actualize international climate commitments.
According to United News of Bangladesh, the minister highlighted the importance of predictable, accessible, and adequate climate finance for Least Developed Countries (LDCs) and climate-vulnerable nations, urging countries with greater historical responsibility for climate change to fulfill their obligations. His remarks were made during a meeting titled 'LDC Parliamentarians at COP31 Turning Climate Declarations into Action' at the Nepal Pavilion in the Blue Zone of the 31st UN Climate Change Conference (COP31).
During the meeting, Shaikh Faridul underscored the principles of climate justice and the necessity for implementing the 2026 LDC Dili Ministerial Declaration on Climate Change. He pointed out that LDCs, including Bangladesh, contribute minimally to global emissions but bear the brunt of climate impacts such as cyclones, floods, droughts, rising sea levels, and salinity intrusion.
He called for increased grant-based financing for adaptation, mitigation, and addressing loss and damage without exacerbating debt burdens. Additionally, he advocated for technology transfer and capacity building to support these efforts. The minister also emphasized the need for a just transition from fossil fuels to clean energy, supported by adequate finance and technology for developing countries.
Shaikh Faridul urged parliamentarians to enhance climate-related legislation, budget allocations, transparency, and oversight to safeguard vulnerable communities. The meeting, organized by the Parliamentarians for a Fossil-Free Future network, convened LDC climate negotiators and lawmakers from various countries to discuss climate finance, the Dili Declaration, and parliamentary cooperation.