PM outlines five actions to address needs of climate-vulnerable countries
Dhaka, Nov. 12 -- Prime Minister Tarique Rahman on Thursday outlined five urgent actions to address the needs of climate-vulnerable countries, including allocating at least 50 percent of international climate finance to adaptation and introducing debt-relief measures.
"Climate-vulnerable countries need grants, not more loans that increase their debt," he said while addressing the High-Level Segment of the 31st UN Climate Change Conference (COP31) in Antalya, Turkiye.
Tarique also called for reliable financial support, access to modern technology and stronger assistance for adaptation, saying the global climate finance system remained inadequate and did not properly address the needs and priorities of developing countries.
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