Minister of Environment, Forest and Climate Change Md Shahab Uddin said Bangladesh wants grants from International Financial Institutions and Development Partners in carrying out its climate adaptation programs.

“We are keenly interested in participating in financing instruments and structures that support the scaling up of climate investments in Bangladesh,” said the minister. 

He added that Bangladesh believes in the power of collaboration and stands ready to work with the multilateral institutions, and all relevant stakeholders to drive sustainable and transformative change.

The environment minister said this during the meeting on IMF’s Resilience and Sustainability Trust (RST) Fund held organized at the Hotel Intercontinental in Dhaka on Friday.

Shahab Uddin said Bangladesh is pleased to have help from IMF for macroeconomic and financial stability, policy advice, and capacity development support. 

“We want an opportunity to discuss and explore how the IMF can support Bangladesh in advancing its climate agenda and mobilizing climate finance. Bangladesh has emerged as a global leader in demonstrating resilience to climate change,” he added.

The environment minister also said that under the visionary leadership of Prime Minister Sheikh Hasina, Bangladesh prepared the Nationally Determined Contribution, the National Adaptation Plan (NAP), the Mujib Climate Prosperity Plan, Perspective Plan, and Bangladesh Delta Plan 2100. “We are at the forefront of implementing the United Nations Sustainable Development Goals 2030.” 

Special Envoy to Prime Minister for Environment and Climate Change Saber Hossain Chowdhury, the Deputy Managing Director of the IMF, BoLi, Chairman of Bangladesh Securities and Exchange Commission Professor Shibli Rubayat-Ul-Islam, Additional Secretary of Ministry of Environment, Forest and Climate Change Iqbal Abdullah Harun and high officials from different Ministries, Development Partners, and IMF were present in the meeting. 

In the meeting, The IMF officials expressed a desire for providing financial assistance to Bangladesh to tackle the negative impact of climate change.  

Representatives from the Ministry of Environment, Forest and Climate Change; Finance Division, Economic Relations Division, Bangladesh Bank, and Bangladesh Securities and Exchange Commission presented five presentations in the meeting.

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