Dhaka, Nov. 4 -- Transparency International Bangladesh (TIB) has found that more than half of the allocations from the country's national climate fund have been affected by corruption, exposing serious governance failures in the management of climate finance.

According to a TIB study released on Tuesday, 54 per cent of the allocations made from the Bangladesh Climate Change Trust (BCCT) between 2010 and 2024 were tainted by irregularities.

The estimated value of corruption in 891 projects during this period stands at $248.4 million, equivalent to about Tk 21.11 billion.

The findings were unveiled at a press conference held at the TIB office in Dhaka, where the organisation launched its research titled "Challenges and Way Forward for Go...