COP27: A Bangladesh perspective

The 27th Conference of Parties (COP27) of the United Nations Framework Convention on Climate Change is taking place in Sharm el-Sheikh, Egypt, from November 6–18, 2022. This two-week climate conference is crucial for the world as it is taking place at a time when countries are struggling with a global energy crisis, the Ukraine war, rising inflation rates and declining funding for climate adaptation. It also carries a lot of significance for Bangladesh, as the required funds for climate mitigation and urgent climate actions are essential for Bangladesh to sustain its economic growth. UNDER the theme “Delivering for People and the Planet”  this year, the 27th Summit seeks to accelerate global climate action through reducing greenhouse gas emissions, building resilience and adapting to the inevitable consequences of climate change and enhancing the flows of climate finance to developing countries. The aims of COP27 are built on the outcomes of COP21, held in Paris in 2015, where 196 parties agreed to reduce greenhouse gas emission levels in order to limit the rising temperature to well below 2°C above pre-industrial levels with an effort to limit the increase to 1.5°C, setting their emission reduction targets in their national plans and making funds available for delivering the commitments under the Paris Agreement.

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