Nov 11, 2021


HPM Sheikh Hasina puts forward four points to fight climate change

Bangladesh has doubled its climate-related expenses in the past seven years and is now on the process of preparing a National Adaptation Plan to tackle climate change, Honourbale Prime Minister (HPM) Sheikh Hasina said in the National Statement delivered at the recently concluded 26th Session of the Conference of the Parties (COP26) of United Nations Framework Convention on Climate Change. In the first point, she said the major emitters must submit ambitious NDCs (Nationally Determined Contributions), and implement those. Secondly she said, "the developed countries should fulfil their commitments of providing 100 billion dollars annually with a 50:50 balance between adaptation and mitigation. "Thirdly, the Bangladesh premier said, the developed countries should disseminate clean and green technology at affordable costs to the most vulnerable countries. "The development needs of the CVF countries also need to be considered" And the last one was on the issues of addressing loss and damage and global sharing of responsibility for climate migrants.

HPM Sheikh Hasina among 5 influential dealmakers at COP26: BBC report

HPM Sheikh Hasina has been named as one of the five influential dealmakers at COP26 being held at Glasgow, according to a BBC report that described the Bangladesh leader as “voice of the vulnerable. She's an experienced and straight-talking politician, who will bring the lived experience of climate change to the COP, said the BBC report headlined “Climate change: Five dealmakers who will influence the outcome at COP26.” Just last year, the report said, about one-quarter of Bangladesh was underwater as floods threatened a million homes. "People like HPM Sheikh Hasina put a human face on climate change and can help world leaders understand what climate change already looks like," said Dr Jen Allan, an expert in international relations from Cardiff University. Despite the fact that they are among the poorest nations, the Climate Vulnerable and the Least Developed Countries group have a strong track record in the negotiations.

HPM seeks greater stake of women in climate battle

HPM Sheikh Hasina said being major sufferers of climate change women deserved an enhanced stake in the campaign against the phenomenon, requiring bolder steps for their empowerment particularly to develop resilience. “It is important to create space for women in the decision making process to address their vulnerability due to climate change,” she told a high-level panel discussion on women and climate change, on the sidelines of the COP26 in Scotland of UK. The Bangladesh premier said most vulnerable and marginalized people around the world were greatest victims of climate change impacts for a number of socio-economic and cultural factors while “women and girls are major among them”. Heads of state and government, ministers and experts joined the event called Women's Climate Leadership Event– COP26 at Scottish Pavilion where the Bangladesh premier spelled out her government’s commitment to create space for women in the decision making process regarding climate change campaign.

Bangladesh targets to generate 4,100MW by 2030 in renewable energy

Bangladesh has set an ambitious goal of generating more than 4,100 megawatts of electricity from renewable energy sources by 2030 as the county looks to cut greenhouse gas emissions significantly. Solar power will account for half of the energy, at 2,277 MW, followed by hydropower 1,000 MW and wind 597 MW. The country outlined the plan in its updated Nationally Determined Contributions (NDCs) submitted to the United Nations Framework Convention on Climate Change ahead of COP26, which kicks off in Glasgow. The NDC of Bangladesh says the target will only be achievable if it receives adequate financing, technology, and capacity-building support to implement the carbon-cutting pledges. Moreover, the country has cancelled 10 coal-based power plants involving 12 billion dollars of foreign investment, just to supplement its efforts against the adverse impacts of climate change.

Bangladesh kicks off COVID-19 vaccination drive for schoolchildren

Riding on the back of uninterrupted supply of Covid-19 vaccines, Bangladesh last week began COVID-19 vaccination for schoolchildren aged 12 to 17 years in the capital Dhaka for the first time. From last week, schoolchildren started receiving coronavirus vaccine in a festive mood on their educational institution premises under a vaccination drive against the fatal disease. Initially, some 5,000 students would be vaccinated in each center daily with a target to inoculate 3 million students in the first phase, according to media reports. Besides, 3.5 million more doses of Pfizer vaccine arrived in the country last week.

Exports continue to grow, hit record $4.72bn in Oct

Bangladesh’s export earnings surged to a record high of $4.72 billion in October with 60.37% year-on-year growth. The earnings are 36.47% higher than the projected volume, according to data released by Export Promotion Bureau (EPB). Earlier in September, exports set the previous record, rising 37.99 per cent year-on-year to $4.17 billion. Apparel exports make up $3.56 billion of the total exports of $4.72 billion in October. RMG export stood at $3.42 billion in September. The government has set the export target at $43.50 billion for this fiscal. Export income stood at $38.76 billion in the 2020-21 fiscal. Earnings from agricultural products that included vegetables, fruits and dry foods witnessed a growth of about 29.34% .The sector's earnings stood at $464.11 million during the July-October period of FY'22.

Mobile data users to double by 2030

Bangladesh's telecom sector is expected to thrive in the current decade on the back of a spike in demand for mobile data, according to UCB Asset Management in the report. As a result, unique mobile data subscribers may go up to 11 million from around half a million in 2020, said the Bangladesh Telecom Sector Outlook in the Fresh Decade. Mobile data subscribers are expected to more than double by 2030 thanks to a change in lifestyle during the coronavirus pandemic, rural inclusion, massive usage of social media, diverse digital content, peoples' higher income level, and so on. As a result, unique mobile data subscribers may go up to 11.8% last year while the fund management company finalised the report on the basis of research and estimates.

23, Bangabandhu Avenue, Dhaka-1000. Bangladesh.

Join us on Facebook Follow us on Linkedin Follow us on G+ Follow us on Twitter