Can climate finance in Bangladesh be helpful in making transformational change in ecosystem management?
Climate change is altering our planet. Extreme weather patterns like: floods, droughts, and cyclones will increase regularity. In general government set public budget, so that the country can adapt to or mitigate the impacts of climate change. These expenditures are called climate change finance.1 To use domestic and international funds for climate change more efficiently the government can take ‘a whole of government’ approach. More efficient use of existing climate funds (both domestic and international) can make a brighter future, improved lives and more actable and resilient development (UNDP 2014) or the transformational change in the ecosystem management. Transformationalchange indicates the ensuring means of continually responding, adapting and innovating (Sharma 2013). Climate finance usually stimulates the innovative national planning that links climate resilience with more sustainable and equitable (IIED: Briefing 2013) transformational development. Climate finance covers local, national and international finance, whether drawn from public, private or alternative sources. Its overall aim is to help developing countries plan and implement climate adaptation, mitigation strategies which can lead to the protection of fragile ecosystems due to climate change all around the world. This is linked with the integration of climate change consideration with development planning and implementation which indicates the continuation, adaption and innovation of essential changes especially in those countries which have vulnerable ecosystem management due to climate change.
- Publisher: Stringer Open
- Author(s): Nushrat Tashmin Download