Bangladesh plans national climate finance strategy
Dhaka begins nationwide consultations to design a Climate Finance Strategy to mobilize large-scale public and private capital for adaptation and resilience
DHAKA, Bangladesh (MNTV) — Bangladesh has launched a nationwide consultation process to develop its first National Climate Finance Strategy, a framework aimed at mobilizing substantial domestic and international capital to confront escalating climate threats and bridge critical financing shortfalls.
The initiative comes at a time when climate-vulnerable nations warn of shrinking global financial commitments, despite mounting risks from super cyclones, extreme heatwaves, coastal erosion and sea-level rise.
Bangladesh contributes less than 0.56 percent of global greenhouse emissions, yet ranks among the world’s most exposed countries, and faces an estimated $26 billion in annual climate adaptation needs, according to officials and climate-finance analysts.
The consultation process opened with a high-level workshop in Dhaka involving private-sector leaders, financial regulators, development institutions and senior government representatives to examine financing models ranging from blended finance and green bonds to insurance mechanisms and sustainability-linked loans.
The event forms part of a multistage national dialogue supported by the United Nations Development Programme (UNDP).
Independent climate policy observers say the strategy seeks to align public-financial-management reforms with regulatory incentives to scale private investment, reflecting a wider shift among climate-vulnerable countries demanding predictable and equitable access to global climate funds.
They argue that without clearer financing architecture and investment pipelines, countries like Bangladesh risk being locked out of capital flows dominated by wealthier emitters.
The upcoming strategy also follows warnings from world leaders at COP30, where developing nations stressed that global adaptation financing remains dangerously deficient, despite commitments by high-emitting states.
Many countries in the Global South continue to struggle with complex eligibility rules, slow disbursement and unclear access pathways to multilateral climate funds.
Bangladesh has already channelled billions into climate resilience through national budget allocations and community-based adaptation programmes.
However, economists say public funding alone cannot sustain the scale of investment required, particularly in sectors such as coastal protection, resilient infrastructure, agriculture, health and urban planning for climate-displaced communities.
The consultation launched in Dhaka is the first of three major sessions scheduled to engage national ministries, financial institutions and development partners. Inputs gathered will be consolidated into a draft National Climate Finance Strategy, expected to undergo further public review later this year before adoption.
Analysts argue that a robust strategy could serve as a blueprint for climate-vulnerable economies globally, positioning Bangladesh to leverage new capital sources, expand partnerships and build financial systems resilient to accelerating climate shocks.
The initiative, they say, demonstrates growing pressure on the international community to deliver climate finance in line with justice-based principles, ensuring that countries least responsible for the crisis are not left to shoulder its most catastrophic impacts.
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