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Just a promise to save the world, this time the compensation is uncertain

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News desk: Even though the COP-27 session was held with the conviction of reducing the impact on the climate to save the world, experts feel that they will have to return disappointed this time. They say that no achievement can be found except for the creation of a separate fund for global loss and damage, bringing the warming of the air to within 1.5 percent, greening the earth and collecting compensation from the developed countries to implement the Paris Agreement.

However, member countries of the Climate Valuable Forum (CVF) have pledged to pay anew as global compensation. The Minister of Foreign Affairs considers this climate conference to be a success. AKM Abdul Momen.

He told reporters after the CVF meeting at the Cop-27 conference in Sharm el-Sheikh, Egypt, on Monday (November 14).

The foreign minister said, we have been working on climate compensation for a long time, we have raised the issue of our loss to the world. Six lakh people are becoming homeless and jobless in our country every year due to climate damage. The government continues to try to provide them with accommodation and work.

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Referring to the rate of damage in Bangladesh, Abdul Momen said that although the amount of damage to our environment is less compared to other countries, efforts are being made to highlight it to the world. Emphasis is placed on loss and damage in developing countries like Bangladesh. The next conference will focus on payment of compensation. Bangladesh has made five demands in this regard.

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These demands include compensation to the countries that are polluting the environment more. Those who pledged $100 billion in the Paris Agreement are paying now, not in the future. Compensation for loss and damage to the environment. Providing finance and technology to developed countries for greening.

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The minister said, the news of hope is that the loss and damage has improved. We have established the Global Shield. One of our fears was that the importance of the climate conference would be greatly reduced due to the war in Russia and Ukraine. Big countries will spend money on making weapons. Funding for the environment will decrease.

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He said, many member countries of CVF, including Germany, America, France, Britain, have announced that they will pay compensation. Our demands have been presented in the CVF meeting. We have been asked for help, cooperation, technology exchange for the six lakh people affected by our country every year. We also got some results. Claimed not only for one, but for all. Bangladesh needs $100 million in compensation.

Sanjay Kumar Bhowmik, Additional Secretary of the Ministry of Environment, Forest and Climate, who participated in the COP-27 conference, told Jago News that the impact of climate change is affecting 20 districts of our country. We collected information from the affected local people, public representatives and other stakeholders and presented it to the conference with the recommendation of UNDP.

He said that it has been possible to create a clear picture of the impact of climate change on Bangladesh and show it to the world. This time, compensation may not be available, but emphasis will be placed on this issue next year.

Chief executive of the Center for Participatory Research and Development (CPRD) who participated in the COP-27 conference. Samsudoha told Jago News, I have been demanding the creation of a separate fund for loss and damage for a long time. We hope that a separate fund will be created in this conference. But the German government changed the insurance mechanism called Insurrelius to Global Shield to Climate Change Impact. G20 countries have also joined it. They say that the funds will be spent through CVF.

He said, Global Shield does not mean loss and damage. It majors in Insurance and a few more for Dieter in Seduction. As per the announcement of UNDP, no separate fund is being created for loss and damage. This will reduce the acceptability of our claims. It was not confirmed that the compensation will be paid in the conference. It was not possible to create a separate fund as demanded by CVF. He claimed that the conference was not a global success.

Meanwhile, on Monday, the eighth day of the climate conference was designated as Gender Day. The role of women in combating climate change is very important and essential. Therefore, on this day, the conference mainly discussed the existing challenges of women in dealing with climate risks, their success in this regard around the world and the role of women in adapting to climate change.

A total of seven sessions on gender and climate change were held in the conference. At the session, the recommendations of all gender day sessions were presented in a press conference.

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