The risk of increasing foreign debt of countries affected by the climate crisis is increasing

The dependence of low-income countries on loans from foreign governments and international organizations is increasing day by day. Along with this, the interest and principal repayment pressure is increasing. In particular, the half-dozen countries affected by climate change are facing double debt repayments than in pre-pandemic times. Experts have warned that the situation will worsen…

Read More

Bangladesh needs urgent climate funds

As the climate crisis mirrors the unpredictable and fast-flowing waters of the Padma River, the response to the emergency remains sluggish, particularly in the realms of mitigation, finance, and adaptation. This observation comes from Prime Minister Sheikh Hasina, as expressed in an opinion piece for Context, a Thomson Reuters Foundation media platform. The prime minister…

Read More