Experts on Tuesday stressed on need to ensure transparency and equity in securing green climate funds (GCF).
They said it’s possible through implementation of policies maintaining global standards.
The speakers reiterated the need to monitor the implementation of projects at the root-level, along with ensuring participation from the community and experts along with involving members of the civil society to monitor the implementation process. They made the observations at a Transparency International Bangladesh (TIB) organised daylong international dialogue held in the capital, said a press release. Experts from Bhutan, Nepal, Australia, South Korea, Germany and Bangladesh participated in the ‘Dhaka Integrity Dialogue 3: Equity and Transparency in Green Climate Funding’ at the Bangabandhu International Conference Center (BICC).
Experts recommended improving the capacity of GCF to make a sustainable impact and better disbursement of the funds and called to ensure equitable representation from developing countries in the GCF Board to reap the benefits of the Paris Agreement.
