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UNDP, govt launch $20.7m project to mainstream climate adaptation into development planning

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22 Apr, 2025

This post was originally published on UNDP

UNDP, govt launch $20.7m project to mainstream climate adaptation into development planning
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Mon, 04/21/2025 – 05:04

The United Nations Development Programme (UNDP) and the Department of Environment under the Ministry of Environment, Forest and Climate Change (MoEFCC) have jointly launched a national project to integrate climate change adaptation into Bangladesh’s development planning.

The initiative was formally inaugurated through an inception workshop titled “Integrating Climate Change Adaptation into Sustainable Development Pathways of Bangladesh”, held at the Department of Environment Auditorium in Agargaon, Dhaka.

The $20.7 million project—supported by a $5.7 million grant from the Global Environment Facility’s Least Developed Countries Fund (GEF-LDCF)—will run from 2022 to 2026 and aims to build resilience across five agro-ecological zones (AEZs): Barind, the Chittagong Hill Tracts, Chittagong Coastal Plains, Eastern Surma-Kushiara Flood Plains, and the Teesta Floodplain. The project is expected to directly benefit 1.2 million people living in some of the country’s most climate-vulnerable regions.

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Publication Date
Mon, 04/21/2025 – 12:00

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The Australian Government is starting consultation on sustainable investment product labelling, which is designed to give investors more confidence to put more capital to work in sustainable products.

The federal government said the release of this paper is a key step in implementing its Sustainable Finance Roadmap — designed to help mobilise the capital required for Australia to become a renewable energy superpower, modernising the financial markets and maximising the economic opportunities from net zero.

This consultation paper seeks views from investors, companies and the broader community on a framework for sustainable investment product labels.

These labels are designed to help investors and consumers identify, compare and make informed decisions about sustainable investment products to understand what ‘sustainable’, ‘green’ or similar words mean when they’re applied to financial products.

The government said a more robust and clear product-labelling framework will help investors and consumers invest in sustainable products with confidence and help tackle greenwashing.

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The consultation paper is available on the Treasury consultation hub.

Image credit: iStock.com/wenich-mit

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