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Climate Investment Funds pledge $30 million grant to Bangladesh and five others

At COP31, Environment State Minister Sheikh Faridul Islam said the money pledged by the CIF will go to cutting disaster risk on the coast and improving the lives of people hit by climate change.

The Climate Investment Funds (CIF) have pledged a grant of US$30 million to six countries, Bangladesh among them, to tackle the effects of climate change, and the government hopes the money will be released soon.

Sheikh Faridul Islam, State Minister for Environment, Forest and Climate Change, announced the pledge at a press conference in the Bangladesh pavilion at the COP31 conference in Antalya, Turkey, on Thursday (12 November). He said the pledge was won thanks to the efforts of Bangladesh's young climate activists.

Answering questions, the state minister said the money, once received, will be spent on reducing disaster risk for coastal communities and improving the lives of people in coastal areas harmed by climate change. The government may also use it for greening work, but the interests of affected people will come first.

State Minister for Foreign Affairs Shama Obaed and Dr Saimum Parvez, the prime minister's special assistant on environment, forest and climate, also spoke. The report does not name the other five countries.

The report is by Samakal's correspondent in Antalya.

Source: Samakal

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