June 23, 2026
Bangladesh called on Tuesday for more funds and faster support for developing countries facing escalating threats from climate change, saying the global climate financing goal of $300 billion per year fell short of their needs.
Speaking at the World Economic Forum's Annual Meeting of the New Champions in Dalian, China, during his first overseas trip since taking office, Prime Minister Tarique Rahman urged wealthy nations to honour climate commitments ahead of the United Nations' next climate negotiations in November.
Bangladesh, one of the world's most vulnerable countries to climate change, is seeking support to fund projects that would help it cope with rising floods, cyclones, river erosion and saltwater intrusion, while pursuing an ambitious domestic climate agenda.
Countries had agreed to hike their annual climate finance provision to $300 billion by 2035 at the UN climate summit in 2024, but Rahman said that was not enough to meet the mitigation and adaptation requirements for developing countries.
