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There is no Planet B

  • Published at 05:52 pm December 11th, 2017
There is no Planet B

There are few challenges in the world today that can match, in their magnitude of impact and urgency, that of climate change.

From apocalyptic floods in Houston to polar bears starving on land previously covered in ice, there are too many red flags to ignore the potentially catastrophic effects of global warming.

And Bangladesh is no stranger to these signs of distress.

Representing one of the countries most vulnerable to climate change, Prime Minister Sheikh Hasina is now in Paris, attending the One Planet Summit -- a global initiative to fight climate change, where she is set to hold a meeting with French President Emmanuel Macron.

Although climate change ultimately affects us all, some countries are more affected than others, and the actions of one country can wreak havoc in another, without doing proportionate damage to the former.

This creates something of a moral hazard -- a major obstacle to our common goals -- that can only be resolved if the polluting countries take financial responsibility for their actions; the polluters pay principle in the Paris Agreement was intended to address this problem, but several rich nations are in opposition to it.

Since the advanced, industrialised nations of the world have collectively contributed more to global warming than the rest, it stands to reason that developed nations should bear the costs of adaptation and mitigation efforts in developing nations.

But the developed world is far from fulfilling their promise of raising $100 billion by 2020 to help poorer countries.

The One Planet Summit calls upon all countries to support the ones most in need.

And we hope that Prime Minister Sheikh Hasina and President Macron can come to an agreement whereby we will be assured of the assistance we need.