Sunnews Desk: Prime Minister Sheikh Hasina has said that the important developed countries which emit carbon have not paid their promised funds and the poor countries which are at risk of climate change are facing more helpless conditions.

“It’s unfortunate,” she said. As a result, we have to take action on our own to address the devastating consequences of climate change. She said this while addressing a dialogue of 48 CVF leaders as the president of the COP-26 conference as well as the forum.

Sheikh Hasina described the situation as "sad and depressing" and said that to date, important greenhouse gas emitting countries have failed to deliver on their promised 100 billion bill annually.

On Tuesday (November 2), British Prime Minister Boris Johnson and UN Secretary-General Antonio Guterres also hosted the COP-28 conference in Glasgow on 'Climate Vulnerable Forum Leaders Dialogue: Forging a CVF-COP-26 Climate Emergency'.

The Prime Minister of Bangladesh Sheikh Hasina presided over the dialogue. She reminded the important carbon-emitting countries that the 48-nation CVF member states are at extra risk because of them. He said the countries at risk were taking action on their own to deal with the situation.

Mentioning that Bangladesh has launched the 'Mujib Climate Prosperity Plan' in honor of Father of the Nation Bangabandhu Sheikh Mujibur Rahman, the Prime Minister said the plan has been taken to guide our development through 'low carbon strategy'. She added that the 37 CVF members would similarly develop their own climate tolerance plan to achieve climate prosperity.

Sheikh Hasina said an effective action plan is not possible without adequate, sustainable and readily available climate financing. So it is sad and frustrating that so far the major greenhouse gas emitting countries have failed to deliver on their promised 100 billion annually.

That is why, in the face of the existential crisis of climate change, we, the CVF members, demand a plan of 500 billion-a-year distribution plan to developed countries at a 50:50 ratio of adaptation and mitigation over the 5 years from 2020 to 2024.

The prime minister and chairman of the CVF said the CVF had come up with a "climate emergency deal".

The agreement supports the climate financing plan. This will ensure continuous progress in controlling the temperature rise to 1.5 degrees Celsius. "We urge the presidency of COP27 and all members of the UNFCCC to adopt a climate emergency agreement as part of the COP 26 declaration," he said.