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BIMSTEC countries and climate change: Imperatives for action
Jun 27, 2019

BIMSTEC countries and climate change: Imperatives for action

This brief discusses the climate change challenges facing the member states of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) and the initiatives taken by them to mitigate the effects. The South Asian countries within BIMSTEC are particularly vulnerable to global warming-induced weather variations that cause economic damage and loss of lives. At the same time, BIMSTEC economies have achieved impressiv

The Loss and Damage Fund: Questions, Concerns, and Suggestions
Feb 27, 2025

The Loss and Damage Fund: Questions, Concerns, and Suggestions

COP29 announced the full operationalisation of the Loss and Damage (L&D) Fund, a long-awaited step for developing countries, including small island states, least-developed countries, and African nations. This milestone marks persistent advocacy for climate justice. However, the fund’s current framework has notable gaps. This paper highlights key concerns in the existing framework, including the lack of a clear and comprehensive definition,

The Role of Capital Markets for Raising Green and Transition Finance
Sep 18, 2024

The Role of Capital Markets for Raising Green and Transition Finance

Climate change is a global commons problem requiring concerted actions by all. While recognising this, the United Nations Framework Convention on Climate Change has also acknowledged the principle of ‘common but differentiated responsibilities and respective capabilities,’ which assigns greater responsibilities to developed countries in mitigating greenhouse gas (GHG) emissions and reducing their carbon footprint. There have also been deliber