Policymakers and development experts at a discussion meeting in Dhaka have called for adopting green inclusive finance as a national framework to link financial inclusion with climate action for the poor and low-income vulnerable populations in Bangladesh.
The event, titled “Green Inclusive Finance: A Framework for Climate Change Response by the Poor and Low-Income Vulnerable Populations in Bangladesh”, was jointly organized recently by the Institute for Inclusive Finance and Development (InM) and the Center for Inclusive Development Dialogue (CIDD) at the BRAC Centre Inn, Mohakhali.
The meeting was chaired by Dr. Q.K. Ahmad, Chairman of InM.
A keynote paper presented by Dr. Mustafa K. Mujeri, Executive Director of InM and Chairman of CIDD, outlined a strategic framework that integrates poverty reduction, financial inclusion, and climate resilience covering three key pathways including resilience, adaptation and transition.
The paper stressed that tackling climate change and supporting the poor cannot be effectively approached individually. A green inclusive finance system, he argued, would empower vulnerable communities to adapt to climate shocks while transitioning towards sustainable livelihoods, said a press release.
