Use of climate fund must be transparent
Says TIB
The Transparency International Bangladesh (TIB) yesterday called for giving top priority on transparency, accountability in the use of funds in addressing climate change impacts.
The call was made as three-day International Meeting of Parliamentarians on Climate Change opened at the city's Radisson Hotel yesterday. Parliamentarians and climate change experts from 30 countries, most affected by climate change, are attending it.
“The conference should take into account the importance of ensuring participation of stakeholders, especially the affected communities...and that of zero tolerance against corruption and other forms of misuse of funds”, TIB executive director Iftekharuzzaman said in a statement.
He also welcomed the first-ever initiative, taken by the UNDP and the Parliamentary Standing Committee on Environment and Forests, bringing together lawmakers.
Climate funds must be made available to be spent transparently, accountably and with specific measures to ensure that they reach the most affected people, he said.
Developed countries which have made commitments to compensate for climate change must ensure that the funds are genuinely "new and additional" and not diverted from any existing or potential development assistance programme, Iftekharuzzaman said. “Any scope of double-counting of climate money must be eliminated".
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