Chief Adviser Professor Muhammad Yunus said most climate vulnerable countries with limited decarbonization capacity need to have adequate financial and technical support to develop green industries.
He said Bangladesh is willing to work with Climate Club to catalyze international cooperation in terms of capacity building, technology transfer and concessional decarbonization finance.
The Chief Adviser was speaking at the High Level Climate Club Leaders Meeting, hosted by Germany and Chile, at COP29 in Baku, the capital of Azerbaijan.
Prof Yunus said deep, rapid and sustained reduction in greenhouse gas (GHG) emissions and comprehensive international action are required for reducing global GHG emissions by 43 percent by 2030, reaching net-zero by 2050 to limit warming to 1.5 degree Celsius.
He called for demonstrating and deploying proven low-emissions technologies, particularly in emerging markets and developing economies.
