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Bangladesh to form multi-donor trust fund soon

January 25, 2010 00:00:00


Bangladesh is going to form a multi-donor trust fund soon for financing schemes to tackle adverse impacts of the global climate change on the country, reports UNB.
State Minister for Environment and Forests Hasan Mahmud said this Sunday after a meeting with Country Representative of the British Department for International Development (DFID) Chris Austin at his Secretariat office.
"An inter-ministerial meeting has been called for tomorrow to take further steps in this regard," the minister said.
In reply to a question about the Copenhagen Accord capping the recent global climate summit, Dr Mahmud said Bangladesh had ratified the accord and decided to take part in further proceedings on the provisional deal.
Meanwhile, the UK has given an assurance of donating 75 million pounds for the multi-donor fund.
Besides, several Euro-pean countries and donor agencies, including Denmark, Sweden and the European Union, also have assured grants for the fund, as Bangladesh is one of the countries worst affected by disasters like floods, droughts, cyclones, sea-level rise, and salinity and arsenic incursion caused by the changing climate for global warming due to excessive carbon emissions.

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