December 6, 2021

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Dhaka pursues technology and investment through global cooperation

Foreign Minister Dr. On Sunday, Abdul Momen called for global partnership and cooperation in technology transfer and investment to help Bangladesh increase its share of renewable energy.

We want to increase the share of renewable energies. “We are looking for their technologies and investments,” he told reporters during a press conference at the Foreign Ministry after meeting with envoys from European countries.

Among the attendees were the Minister of Environment, Forests and Climate Change, Mohamed Shehab El-Din, and the Minister of Foreign Affairs, Masoud bin Momen.

The EU Ambassador to Bangladesh, Charles Whiteley, tweeted after the meeting, saying that the EU Head of Mission had a fruitful exchange with the FM and FM on COP26 preparations and their common approach to many climate issues.

Momen said the government had previously halted plans for seven coal-fired power plants due to its focus on more renewable energy.

Partner countries should support us with technology and discounted loans. We can expect a public-private partnership in this area.

When asked about achieving the goal of net carbon emissions by 2050, Dr. A believer, it is very difficult for Bangladesh to achieve this goal as a developing country.

However, Bangladesh recognizes the urgent need for ambitious and accelerated efforts to limit average temperature rise to 1.5 degrees above pre-industrial levels, promote adaptation to the effects of climate change, and increase funding and support for these purposes.

In the run-up to the COP26 summit, due to be held in Glasgow in November, Bangladesh has also called for increased climate protection measures, taking into account the development needs of each country.

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Bangladesh stressed the need to secure commitments from world leaders, especially the G20, to significantly reduce global emissions, hold global temperature at 1.5 degrees and ensure maximum climate finance, particularly for adaptation and concrete action to transfer low-carbon technologies.

During the meeting with EU ambassadors, Bangladesh spoke about the importance of industrialized countries to achieving their common climate finance goal of mobilizing $100 billion annually for measures that “lead to greater inclusion and transparency in implementation to meet the needs of development countries.”

The Bangladeshi side also stressed the possibility of producing offshore wind energy and asked European countries to provide support for this purpose.

The United Kingdom will host the 26th United Nations Conference of the Parties on Climate Change (COP26) in Glasgow from 31 October to 12 November.

COP26 will bring parties together to accelerate action to achieve the goals of the Paris Agreement and the United Nations Framework Convention on Climate Change.

The Prime Minister is expected to leave Dhaka for Glasgow and travel to London on October 31 before heading to Paris.

She is expected to hold a bilateral meeting in Glasgow or London with her British counterpart, Boris Johnson.

The prime minister is also expected to hold bilateral talks with French President Emmanuel Macron during his visit to Paris.

Your Majesty