The government will establish Delta Wing in the country to facilitate the implementation of the Delta Plan.
Finance Minister AHM Mustafa Kamal made the announcement on Thursday in parliament while placing the budget for the 2023-24 fiscal year.
“Necessary guidance is being provided through the Local Government Division for the formulation, financing, and implementation of climate resilient and green local plans,” he said in the budget speech.
Alongside short and medium-term strategies for macroeconomic stability, he said, the government is thinking of lasting solutions for climate change issues to ensure sustainable development.
These strategies are elaborated in Delta Plan and Mujib Climate Prosperity Plan. Moreover, Bangladesh Bank is working on the impact of climate change on the financial sector, he said.
In order to strengthen green and climate-resilient development in public investment management, the minister said, new rules are being formulated and necessary amendments are being made to the existing rules.
He mentioned that the government has adopted the “Sustainable Public Procurement (SPP)” policy to encourage environmentally and socially sustainable business and investment.
With a view to ensuring clean, efficient and climate resilient investment, he said, the government has reformed the process of environmental clearance by issuing the Environmental Conservation Rules, 2023 thereby ensuring environmental and social impact evaluation and reducing the adverse impact of industrial units of projects.
The minister also said that the “Control of Air Pollution Rules, 2022” has been promulgated to improve air quality and reduce greenhouse gas emissions.
The government has issued revised Energy Efficiency and Conservation Rules, 2023, with provision for publication of annual energy consumption report for the purpose of energy saving in industries, businesses and households, he said.
“It has been made mandatory for all ministries to include disaster risk and impact assessment in the design of projects worth more than Tk50 crore.”
