Environment Minister Saber Hossain Chowdhury recently said Bangladesh Climate Change Trust (BCCT) will be reformed to bolster its role in achieving climate resilience.
Besides, steps are being taken to secure BCCT's registration as a Direct Access Entity to the Green Climate Fund (GCF), he said.
Minister Chowdhury shared this information during a meeting at the Bangladesh Secretariat with ministry officials, the Department of Environment, and climate experts.
The meeting focused on preparations for the 29th Conference of the Parties (COP29) in Baku, Azerbaijan.
The Minister emphasized the need for Bangladesh to prepare robustly for COP29 to advocate for adaptation finance and loss and damage finance.
He stressed the importance of developing a comprehensive country position paper to effectively represent Bangladesh in COP29.
Collaboration with the UN, GCF, and other international alliances, including organizing joint side events, was also highlighted.