Climate allocation in proposed budget falls short of adaptation needs: Speakers
, June 14 -- Climate activists and experts on Sunday expressed concern that the proposed national budget for FY2026-27 does not allocate sufficient resources to implement long-term climate adaptation plans, urging the government to raise climate spending to at least 3 percent of GDP.
Climate expenditure in the proposed budget stands at only 0.76 percent of GDP, far below the level required to address growing climate vulnerabilities, they said at a seminar titled "National Budget 2026-27 and Climate Allocation" at the CIRDAP Auditorium in the capital.
The seminar was jointly organised by COAST Foundation, BDCSO Process and EquityBD and moderated by COAST Foundation Executive Director M Rezaul Karim Chowdhury.
Speakers called for a separ...
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