Archive for August 25th, 2014

25/08/2014

Bangladesh: the Crippling Cost of Climate Change Adaptation

With 140 million inhabitants, Bangladesh is one of the world’s most populated countries. It is also one of the most vulnerable to the impacts of climate change. Cyclones, floods and droughts have long been part of the country’s history but they have intensified in recent years. As a result of the long exposure to these hazards, Bangladesh is a world leader in adaptation strategies but this has come with a heavy price tag, according to the UN Environment Programme (UNEP)*
 
Chalan Beel Natore Bangladesh | Author:	Shahnoor Habib Munmun | Wikimedia Commons

Chalan Beel Natore Bangladesh | Author: Shahnoor Habib Munmun | Wikimedia Commons

To find out exactly how much tax payers’ money has been absorbed by efforts to tackle the effects of climate change, the Ministry of Finance has been working with the UNDP-UNEP Poverty-Environment Initiative to launch its first comprehensive climate change accounting system. The results of the financial review were telling.

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