Civil society organizations (CSOs) recommended the government lead the LDC’s position to develop the framework on Loss & Damage Financing Facility (LDFF) in climate discourse ahead to CoP 28.
Saving the interest of LDCs (Least Developed Countries) and MVCs (Most Vulnerable Countries) are crucial in LDFF where Bangladesh can play an effective role using the leadership experience of CVF (Climate Vulnerable Forum) and V-20 (Vulnerable 20 group) they opined.
CSOs said these at a press conference titled “CoP 27 Outcome: Bangladesh’s lead is crucial framing the Loss & Damage Financing Facility” was held at National Press Club on Monday where representatives from CSOs participated in CoP 27 global climate conference.
Among others, Md. Ziaul Hoque Mukta of CSRL (Center for Sustainable Rural Livelihood), Md. Shamsuddoha -CPRD (Centre for Participatory Research & Development) and Rabeya Begum (Chair-CANSA-BD) were present at that time.
The press conference was moderated by M. Rezaul Karim Chowdhury of COAST Foundation and the Keynote was presented by Aminul Hoque from EquityBD.
Presenting the keynote, Aminul Hoque said that the declaration of LDFF is a significant victory, but there has a limited scope of self-complacence for LDCs until an effective framework is developed followed by pro-poor and justice based.
He criticized developed countries and the CoP presidency to deliver a complicated and tricky text on LDFF and not mentioning the name of LDCs and SIDCs in the final declaration of those who have contributed and fought for Loss and financing for a long.
He put some demands on the above issues (i) Bangladesh should have a lead role for LDCs positioning in upcoming discourse and negotiation for developing the framework of LDFF, (ii) the Framework of LDFF must be developed followed by historical responsibility of global warming by rich countries that caused of huge loss and damage for LDCs and MVCs, (iii) Bangladesh should pressure developed countries to revise their NDC [National Determined Contribution] targeting 50% emission reduction by 2030 and (iv) LDCs Representation must be included in the ad-hoc committee on NCQG [New Collective & Quantified Goal] process that will serve pro-poor interest on future climate financing.
News Link: observerbd.com