Despite contributing a meager 0.51% of the total greenhouse gas (GHG) emissions in the world, Bangladesh ranks 7th on the global climate risk index. Plagued by acute environmental afflictions, the nation ranks 9th globally in number of deaths triggered by climate-induced disasters. The country’s naturally flat and low-lying topography in conjunction with its high population density (1,119 people per s.q. km) and poverty levels augments its vulnerability to climate change and threatens its development trajectory. The ever-evolving climate regime and the unique geographical setting is exerting considerable stress on Bangladesh’s economy and the advancement towards sustainable development.
Over the years, Bangladesh has substantially advanced in enabling climate resilient sustainable development, through the formulation and subsequent implementation of required policies and frameworks. National level adaptive efforts include the Bangladesh Climate Change Strategy and Action Plan (BCCSAP, 2009), Bangladesh Delta Plan 2100, Mujib Climate Prosperity Plan and National Adaptation Plan 2023-2050 amongst others. However, without further accelerated and coordinated public-private interventions, the rapidly changing climate scene might trigger expected losses of 1.1% of GDP annually in a moderate scenario and up to 2% annual losses in extreme climate conditions.
The ‘Climate Action in Bangladesh’ study aims to build a comprehensive outlook on the current status quo of climate interventions in Bangladesh by diving into the:
- Repercussions of climate change on livelihood outcomes
- Active efforts towards decarbonization and transition to renewable energy
- Climate resilience efforts for green growth
Through this thorough analysis, the report aims to outline strategic recommendations, to guide the private sector’s sustainability efforts.