Economic Reporter :
Bangladesh Bank Governor Dr Atiur Rahman attended the 11-13 March 2016 Delhi high level IMF-Govt of India high level ‘Advancing Asia: Investing for the Future’ conference in Delhi.
Prime Minister of India Narendra Modi delivered the keynote address at the opening ceremony while IMF Managing Director Christine Lagarde conveyed the opening remarks. The conference comprised six thematic sessions including Asian growth models, socioeconomic issues in Asia, investment, and climate change with participation of 30 countries in the region.
Dr Atiur Rahman participated as a panelist in the ‘Developing Asia: Challenges of Climate Change and Economic Resilience’ session on 12 March 2016, along with ADB President Takehiko Nakao and UNDP Administrator Helen Clark. The session focused on preparations and investment needs for responding to the mitigation and adaptation challenges posed by climate change, and ways to build macroeconomic resilience.
BB Governor said Asia, a young, diverse and crowded region with 60 percent of humanity, has to cope with 45% of the world’s natural disasters occurred over the last three decades. For many countries, including Bangladesh, disaster management and climate change are not a theory but an everyday reality.
He argued that legitimate growth and development aspirations require the emission reduction commitments from the projected business-as-usual emission increase levels over the medium to longer term. He also urged the development partners to provide substantial technical and financial support to low and lower-middle income economies for mitigation and adaptation purposed. He highlighted that Asia is full of creativity and has to work together to come up with solutions for addressing these long-term challenges. He stressed that the central banks in the region need to support the sustainable growth agenda of their governments.
UNDP Administrator Helen Clark lauded Bangladesh’s impressive achievement in disaster management and cited it a role model. She cautioned that unless urgently addressed, climate change could diminish or even reverse the recent global progress in human development indicators. ADB President Takehiko Nakao shared that ADB has recently doubled its climate finance assistance.
Bangladesh Bank Governor Dr Atiur Rahman attended the 11-13 March 2016 Delhi high level IMF-Govt of India high level ‘Advancing Asia: Investing for the Future’ conference in Delhi.
Prime Minister of India Narendra Modi delivered the keynote address at the opening ceremony while IMF Managing Director Christine Lagarde conveyed the opening remarks. The conference comprised six thematic sessions including Asian growth models, socioeconomic issues in Asia, investment, and climate change with participation of 30 countries in the region.
Dr Atiur Rahman participated as a panelist in the ‘Developing Asia: Challenges of Climate Change and Economic Resilience’ session on 12 March 2016, along with ADB President Takehiko Nakao and UNDP Administrator Helen Clark. The session focused on preparations and investment needs for responding to the mitigation and adaptation challenges posed by climate change, and ways to build macroeconomic resilience.
BB Governor said Asia, a young, diverse and crowded region with 60 percent of humanity, has to cope with 45% of the world’s natural disasters occurred over the last three decades. For many countries, including Bangladesh, disaster management and climate change are not a theory but an everyday reality.
He argued that legitimate growth and development aspirations require the emission reduction commitments from the projected business-as-usual emission increase levels over the medium to longer term. He also urged the development partners to provide substantial technical and financial support to low and lower-middle income economies for mitigation and adaptation purposed. He highlighted that Asia is full of creativity and has to work together to come up with solutions for addressing these long-term challenges. He stressed that the central banks in the region need to support the sustainable growth agenda of their governments.
UNDP Administrator Helen Clark lauded Bangladesh’s impressive achievement in disaster management and cited it a role model. She cautioned that unless urgently addressed, climate change could diminish or even reverse the recent global progress in human development indicators. ADB President Takehiko Nakao shared that ADB has recently doubled its climate finance assistance.
