Syeda Rizwana Hasan, an adviser to the interim government of Bangladesh and as Minister of Environment, Forestry, and Climate Change, urged the global and regional leaders to prioritize ambitious, evidence-based climate targets in the climate negotiations. Hasan, in an exclusive interview with IPS at COP29 in Baku, Azerbaijan, speaks in detail
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COP29: Why new collective quantified goal on climate finance matters
The industrial revolution set the ball rolling towards global warming. Today, developing nations are on the frontlines of a climatic carnage and its snowballing effects. Developed nations bear a financial responsibility to provide climate finance to developing nations, as financing the transition to a low-carbon economy is an urgent, critical
How game theory predicts Trump might not do all that he threatens
Donald Trump’s victory in the US presidential elections has left many across the world unsure about what he might do in his next term, and whether some of the threats he made about international policy will be followed through. There are several dramatic policy changes that the president-elect has threatened to
Western finance ruining economies of the rest
Western financial policies have been squeezing economies worldwide. After being urged to borrow commercial finance heavily, developing countries now struggle with contractionary Western monetary policies. Central banks ‘Unconventional monetary measures’ in the West helped offset the world economic slowdown after the 2008 global financial crisis. Higher interest rates have worsened contractions, debt distress,
A Ramsar site in Bangladesh fast loses its fish diversity
Rebuilding trust, dialogue, collaboration key to COP29’s success
“This Finance COP has to deliver. I think this is a crucial moment for the COP process,” said Shantal Munro-Knight, Barbados Minister in the Prime Minister’s Office. Barbados, a nation at the forefront of climate advocacy, continues to push boundaries at COP29, the so-called Finance COP. Knight shared her views on
100 Days of Interim Govt: Growing frustrations among public mars achievements
The interim government of Bangladesh came to power with promises of substantial reforms across various state sectors. However, three months have passed, and there seems to be little progress or visible action in these reforms, leaving citizens concerned but hopeful. The first 100 days of Bangladesh's interim government have unfolded as
Breakthroughs, setbacks in COP29’s first week of ambitious pursuit
It has been a high-profile packed agenda in Baku, Azerbaijan, marked by milestone events designed to complete the first enhanced transparency framework and the new collective quantified goal on finance, among other top priority matters. Besides the Conference of the Parties (COP 29) session, there is the 19th meeting of the
Robust negotiations needed to push rich nations to financial commitments
The irony is that at forums like COP29, dubbed the finance COP, rich countries often behave as though they can sidestep their financial obligations, Yamide Dagnet, Senior Vice President, International at the Natural Resources Defense Council (NRDC), says. Yamide gave IPS an exclusive interview in which she shared her wisdom on
Invest in flooding research today to protect tomorrow
The United Nations recently released the 2024 Nationally Determined Contributions synthesis report, just weeks before presidents, global leaders, climate scientists and activists convene in Azerbaijan for the 2024 United Nations Climate Change Conference. The report reveals that current national climate plans are not sufficient. This is particularly alarming considering how many