BD spends $5.0b yearly on fighting climate impacts

Bangladesh suffers a loss of 2.0 per cent of GDP (gross domestic product) every year due to this adverse impact of the changing climate, he adds. "In addition, we spent nearly 5.0-billion extra dollars each year on fighting the challenges of climate change," Dr Momen says while addressing a dialogue on 'Human mobility in the context of climate change'. Foreign ministry and the International Organi-sation of Migration (IOM) co-hosted the event. Despite being one of the world's lowest carbon emitters, Bangladesh becomes one of the most sufferers, he says, urging the international community to take immediate measures to address the problems. Currently, nearly 650,000 people of Bangladesh are uprooted from their homes each year due to river erosion, cyclone, flood, drought and salinity. Listing repercussions of climate impacts, Dr Momen says climate-induced forced migration will create global security problem and spending billions of dollars on defence be useless in the near future. Such migration can pose a serious security challenge with spillover effects beyond borders, he adds. The minister urges the world community to spend 10 per cent of the $2300-billion global defence expenditure to combat the adverse impacts of climate change. He says Bangladesh will continue to play a pioneering role in sensitising people to climate impacts and help the world understand the scope, human mobility and adaptive mechanism in the face of climate change. "We shall continue to remain active within different models for disaster displacement, the dynamics of cross-border displacement due to climate change," he adds.

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