Bangladesh sets up climate change fund
by David Masters
June 10, 2008
Bangladesh is to start allocating a proportion of the country’s spending into a climate change fund.
0.3% of next year’s $14.6 million government budget will go into the Fund for Climate Change.
4,500 people in Bangladesh were killed and over 50,000 injured last year in natural disasters, including floods and Cyclone Sidr.
The Bangladeshi government blamed the disasters upon climate change.
Bangladesh is particularly vulnerable to the effects of climate change as the vast majority of the country is less than one metre above sea level.
Contributions to the Fund for Climate Change from international aid agencies are being welcomed.
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