19th July 2021
EP Report

Foreign Minister Dr AK Abdul Momen has proposed to establish a fund by the V20 (Vulnerable Twenty) for rehabilitation and reintegration of climate migrants.


"The V20 may think of establishing a fund for their rehabilitation and reintegration to societies, otherwise they could be a security risk," he said.


Each year, Dr Momen said, thousands of people are uprooted from their homes and traditional jobs due to global warming, inundation and river erosion.


"These displaced people, whom we call climate migrants, need to be rehabilitated," he said while addressing the Climate Vulnerables Finance Summit recently.


The first V20 Climate Vulnerables Finance Summit was opened by Bangladesh Prime Minister Sheikh Hasina who declared 'Mujib Climate Prosperity Plan - Decade 2030' in honor of the birth centenary of the Father of the nation on that occasion.


The V20 Group of Finance Ministers released a communiqué that called for leadership by industrialized nations and cooperation to urgently transform and align the global economic system with the goals of the Paris Climate Agreement for a more robust, greener and equitable society.


Bangladesh is one of the most vulnerable countries to climate change.


Despite this, Dr Momen said, Bangladesh has emerged as a global leader in climate change adaptation.

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