Tk 1.0b allocated to battle climate risks

Finance Adviser Salehuddin Ahmed has proposed allocation of Tk 1.0 billion in the next fiscal year to take necessary actions considering the depth and seriousness of climate change risks.

A Multisectoral Action Plan for Sustainable Plastic Management in Bangladesh has been formulated to reduce the production of plastic waste, he said in his budget speech on Monday.

Bangladesh ranks among the countries most vulnerable to the impacts of climate change.

Under the time-bound reform plan, initiatives have already been taken to introduce a digital monitoring system for all approved projects of Bangladesh Climate Change Trust, which will be implemented by December 2025.

In light of the Solid Waste Management Rules, 2021, a notification has already been issued identifying 17 products as single-use plastics and initiatives have been taken to control the use of single-use plastic.

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