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Equity and Justice in Climate Finance Climate Debt Trap Risks for Bangladesh and other LDCs

Updated: Jan 14

Climate change presents an urgent global challenge requiring immediate action, especially in vulnerable regions like Bangladesh and other Least Developed Countries (LDCs). Mobilizing and allocating climate finance is crucial for supporting mitigation and adaptation efforts. However, the climate finance debt trap poses significant concerns, as countries face difficulties repaying climate-related loans while still needing to invest in resilience. This roundtable discussion will focus on bringing together all stakeholders such as government bodies, international organizations, CSOs, academia, financial institutions, and donor agencies to discuss the role of climate finance in addressing these challenges, emphasizing the unique circumstances of Bangladesh and LDCs regarding potential debt traps.

 

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