PINAKI ROY

As global leaders gather in Baku, Azerbaijan to discuss finance at the 29th climate conference, the most vulnerable countries like Bangladesh are demanding new and additional climate finance that does not exacerbate climate debt.

The per capita climate debt for every Bangladeshi citizen has reached $80, which is about Tk 9,500.

And this debt was generated within just 14 years from 2009 to 2022 when Bangladesh started taking climate-related projects. During the period, Bangladesh has taken $12.78 billion in climate debt against multiple climate projects, according to Change Initiative.

During the period, Bangladesh has received grants worth only $268 million from the Green Climate Fund, Adaptation Fund and the LDC Fund.

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