COP 29: BD seeks EU support for $200b to LDCs

Bangladesh has urged European Union (EU) to support a proposal for allocating $ 200 billion to the Least Developed Countries (LDCs) and the most climate vulnerable countries so that these nations can effectively respond to the challenges of the climate crisis.

Bangladesh made the call at a bilateral meeting held today between the ministers of LDCs and the EU on the final outcomes of COP-29 in Baku, Azerbaijan, says a press release.

The meeting emphasised the need for collaboration on unresolved issues to achieve a balanced and equitable outcome for all parties.

In the meeting, Bangladesh delegation highlighted that “many issues remain unresolved”, urging both groups to work together to secure a meaningful and inclusive deal for COP29.

During the meeting, the LDC ministers shared their key positions, emphasising on urgent need for financial and technical support to address the adverse impacts of climate change.