The MoU was signed on Monday by Chowdhury Liakat Ali, Director of the Sustainable Finance Department at Bangladesh Bank, and Stefan Liller, UNDP Bangladesh's Resident Representative, a UNDP press release said.
Transitioning to sustainable systems requires substantial investment and coordinated effort across sectors. Additionally, achieving these goals hinges on overcoming resistance from vested interests, such as industrial agriculture and fossil fuel industries.
The negotiations did not yield the results that would have helped Planet Earth set a groundbreaking target to reduce the amount of plastic being produced.
The cyclone, which struck in May 2024, caused extensive damage, including the prolonged shutdown of the Summit LNG terminal, one of Bangladesh’s two floating, storage, and regasification units (FSRUs).
The push for ICJ involvement was led by Pacific nations like Vanuatu, whose very existence is threatened by rising sea levels. Vanuatu’s ambassador to the UN emphasized the moral and existential urgency of the hearings.
The latest ban, which came into effect on October 1 for superstores and traditional markets on November 1, isn’t the first time Bangladesh has imposed a ban on polythene bags.
Beyond new project approvals, the department cleared 10 share purchase or subscription agreements worth Rs 1.69 billion and 20 technology transfer agreements during the month.
The economic burden is substantial: Aedes-borne diseases alone impose an estimated average annual global cost of nearly $1.2 billion through healthcare spending, lost productivity and social disruption.
Beyond new project approvals, the department cleared 10 share purchase or subscription agreements worth Rs 1.69 billion and 20 technology transfer agreements during the month.
The economic burden is substantial: Aedes-borne diseases alone impose an estimated average annual global cost of nearly $1.2 billion through healthcare spending, lost productivity and social disruption.
Experts at UNEP say that the Emissions Gap Report 2026 does not abandon the 1.5°C goal. Instead it reframes the challenge: minimise the height and length of the overshoot and chart a credible return path.