Prime Minister Sheikh Hasina on Tuesday stressed the need for a political commitment by the global leaders to take an urgent decisive action to save the planet from adverse climate change impact.
“There should be a political commitment of all the people in the world to save the planet. We can do it if we are committed,” Foreign Minister Dr AK Abdul Momen quoted the Prime Minister as saying during her yesterday’s (November 1) engagements at the Bangladesh Pavilion of the COP26 venue, reports BSS.
Sheikh Hasina said all the countries should be committed to limit their carbon emission to 1.5 C and submit their aggressive NDCs (Nationally Determined Contributions) which are urgently needed.
The Prime Minister also called upon the developed nations to fulfill their commitments of giving 100 billion US dollar annually on an urgent basis.
The Prime Minister said countries like Bangladesh want to increase renewable energy for which “we want technology and finance and the major emitters should come forward to provide those to the developing nations.”
In this connection, she said, Bangladesh has prepared a Mujib Prosperity Plan and aggressive NDCs hoping that other countries should come forward to this end.
The foreign minister said that the Prime Minister earlier spoke in the “CVF-Commonwealth High-level Discussion on Climate Prosperity Partnership” and “Action and Solidarity in Critical Decade”.
As the chair of CVF and V20 (Vulnerable20), the Prime Minister stressed the need for coming forward by the global leaders to mitigate losses and damages caused by global warming alongside sharing the responsibilities of climate migrants.
In the event, a proposal was announced to introduce the “Commonwealth-Bangabandhu Business Enterprise and Innovation Award” for the young business people of 54 countries to be delivered from the next conference, the Foreign Minister said.
Joining the “Action and Solidarity in Critical Decade” programme, moderated by the UK Prime Minister Boris Johnson, the Prime Minister demanded a roadmap on how much money the developed nations will provide from their promised 100 billion US dollar annually and how much the major emitters will cut emission annually.
Meeting with Prince Charles:
At the directive of the Prime Minister, the foreign minister, said he held a meeting with the UK’s Prince Charles and representatives of the four banks, including the HSBC Bank.
At the meeting, Prince Charles was talking about incorporating the private sectors in the climate issues, he said.
“They want private sectors to be involved in the climate issues,” he added.
The foreign minister said that they have given some proposals to them that included seeking investment in renewable energy sector, particularly in offshore wind energy and building embankments and roads along the costal belts and riversides.
“We want to set up offshore wind energy. You are invited to invest in it at a concessional rate,” he added.
In response, they said they are looking into the matter, the foreign minister said.
During the talks, the foreign minister said that Prime Minister Sheikh Hasina has taken a bold decision to scrap 10 coal-based power plants involving 12 billion US dollars foreign investment and at the same time, a situation has been created to defy six such proposals as Bangladesh is concentrating on renewable energy in sake of environment.
“This is a big sacrifice,” Momen said, adding that they want to generate 4100 additional megawatt of power from renewable energies.
“We said that you can help us in the project,” he added.
The foreign minister said Bangladesh has built embankments in the costal belt long ago.
“But those (embankments) are very narrow. We want to make those wider and higher. We will plant mangrove tree after making the embankments wider as the mangrove trees usually can hold carbons for 22 years” he continued.
Bangladesh wants to build oceanic road along the sea and rivers after widening the embankments, he said, adding, “You (investors) will get toll and thus make business. So, it will be a win-win situation.”
In reply, they said they will visit Bangladesh in the future and tell global businessmen about the opportunity of investing in Bangladesh cashing on the investment friendly situation there, informed the foreign minister.
After holding meetings with the Prime Minister, all the dignitaries said that Bangladesh has been doing very excellent in terms of development and climate resilience under the dynamic leadership of Sheikh Hasina.
Momen said that they wanted to participate in the development process of Bangladesh.
COP26 seems successful:
Replying to a question whether the COP26 summit will be successful, the foreign minister said, “I have participated in many COPs. But, this time, I have seen a positive thing. Every leadership has boldly said “we have to take decisive action just now not tomorrow.”
He continued: “Good decisions have come. Canada has given a proposal what they will do in terms of carbon emission. The UK has also given the same while the European Union has said they will do whatever necessary for mitigation.”
About getting the promised 100 billion US dollar annually from the developed nations for the developing countries, Momen said that some people are saying that 100 billion is not important while the important thing is to ensure the flow of money.
Environment, Forest and Climate Change Minister Md Shahab Uddin, State Minister for Foreign Affairs Md Shahriar Alam, Deputy Minister for Environment, Forest and Climate Change Habibun Nahar and PM’s Press Secretary Ihsanul Karim were present during the briefing.