Saturday, July 27, 2024

Bangladesh must ready itself for Rio Earth Summit

Govt should make an outline, say analysts at CPD dialogue
Bangladesh must prepare for negotiations at the upcoming Rio Earth Summit that will focus on economic, social and environmental sustainability, analysts said yesterday.
The government needs to outline what it may get from the negotiation process, and should negotiate accordingly, they said. For the least developed country like Bangladesh, it is important to prepare clear proposals before joining the United Nations Conference on Environment and Development in June, said Dr Fahmida Khatun, head of research of the Centre for Policy Dialogue (CPD).
“For that, inter-ministerial coordination among the different ministries is necessary to devise the position of Bangladesh and what it may get from the UN conference,” she added.
Fahmida presented a keynote paper at a dialogue, “UN Conference on Sustainable Development (Rio+20): Context, Issues and Challenges for Bangladesh’ organised by CPD at Spectra Convention Centre in Dhaka.
The Rio+20 United Nations Conference on Sustainable Development will be held on June 20-22, twenty years after the first World Summit in Rio de Janeiro in 1992.
The main themes at the conference will be the green economy, in the context of sustainable development and poverty alleviation, and the institutional framework supporting sustainable development.
Fahmida said the Rio+20 Summit is of vital importance to Bangladesh as an LDC and a victim of climate change. “The outcome of the summit will have implications for the country in a number of ways, such as green economy.”
She stressed a need for the ideas to be dissected at expert levels to finalise Bangladesh’s position, as a green economy and green growth will be the main focus of the conference.
“Because a green economy primarily focuses on the intersection between environment and economy with social goals largely ignored. Simultaneously, the current sustainable development institutions are too weak and a fragmentation in treaties and financing has resulted in a lack of policy coherence.”
She suggested that Bangladesh’s major focus should be to achieve sustainable development through employment creation and poverty reduction. “And since the conference is about economic, social and environmental sustainability, we have to look for the best opportunities we may get and utilise our best.”
“For that, we need financial and technological support from the developed countries, who committed 0.7 percent of their gross national product to official development assistance for the poor countries.”
Fahmida also reminded that transparency in governance, access to information, and avenues for participation of stakeholders should be enhanced further.
Khusi Kabir, coordinator of Nijera Kori and a trustee of CPD, said the objective of the dialogue is to draw the attention of major stakeholders to key issues at the upcoming Rio+20 Summit.
Dr Qazi Kholiquzzaman Ahmad, economist and chairman of PKSF, stressed the need for active participation in the negotiation process at the conference.
“We must be aware and keep an eye on the negotiation process, so that none of our agendas are eliminated from the bargaining process,” he said.
“In order to address sustainability, we need to address the source of the problems in society. And we need to address deprivation and injustice.”
He also said that unless large segments of the world’s population are empowered to take part in the distribution of resources, societies would increasingly be exposed to the risk of desperate people uniting against injustice and potentially posing a threat to democratic institutions across the globe.
Dr Hasan Mahmud, minister for environment and forests, said the go-vernment is set to finalise its demands from the upcoming conference, and it needs support from the scientific and civil societies of the country.
Dr Atiq Rahman, executive director of the Bangladesh Centre for Advanced Studies, also spoke.

-With The Daily Star input

Related News

BRAC Bank introduces VISA Platinum Flexi Card

Business Desk : dhakamirror.com BRAC Bank has introduced a new ‘VISA Platinum Flexi Credit Card’, exclusively designed for the youth and young professionals aspiring to elevate their lifestyle. The new credit card comes with a wide range of lifestyle, travel, hotel stay, and dine-in benefits for cardholders at a competitive annual fee, according to a ... Read more

Biswas Imports: Leading the way in Bangladesh’s car market

Business Desk : dhakamirror.com Biswas Imports has become a standout in Bangladesh’s car industry since starting as a Facebook page in 2015 by Mr Musa Biswas. The name “Biswas” means “Trust” in Bengali, reflecting their commitment to integrity and reliability. Specialising in importing and selling high-quality new and reconditioned cars from Japan, Europe, and the ... Read more

Bangladesh set to launch direct flights with Switzerland

Business Desk : dhakamirror.com Bangladesh is set to launch direct flights with Switzerland with at least 14 flights operating between the countries per week. The Government of Bangladesh and the Swiss Federal Council in Bern inked an agreement to this end on 4 June, marking significant progress in expanding the country’s air travel network, reads ... Read more

Emirates eliminates online payment limit for flights in BDT

Business Desk : dhakamirror.com Emirates has made online payment more convenient for customers purchasing tickets in Bangladesh. Now, customers can use locally issued debit and credit cards to complete payment transactions online for flight tickets and enjoy the convenience of unlimited transactions in BDT. Customers can enjoy the ease of paying for tickets on emirates.com, ... Read more

Aziz Khan next chair of Unicef Int’l Council

Business Desk : dhakamirror.com Unicef has announced Muhammed Aziz Khan as the incoming chair of the Unicef International Council, succeeding the inaugural chair, Maria Ahlstrom-Bondestam. He will assume the position in November this year, a press release issued by Unicef said yesterday. The Unicef International Council is a unique community of approximately 150 private philanthropists ... Read more

NJ Diamonds brings vibrant luxury jewelry to Bangladesh

Business Desk : dhakamirror.com NJ Diamonds, a new luxury jewelry brand, has officially launched in the capital at Banani road 11. The event was a glittering affair, attended by top influencers and industry elites, marking a significant milestone for the Bangladesh jewelry market. NJ Diamonds, founded by Noorjahan Abdullah & Labiba Abdullah, are set to ... Read more

NCC Bank celebrates 31 years of operations

Business Desk : dhakamirror.com NCC Bank celebrated its 31 years of operations at the bank’s head office in Dhaka on Friday. Md Abul Bashar, chairman of the bank, inaugurated the 31st anniversary programme, said a press release. NCC Bank started its journey on May 17, 1993. “During the 31 year-long-journey, the bank played a remarkable ... Read more

21 winners receive gifts from Nagad’s mega campaign

Business Desk : dhakamirror.com A total of 21 winners have received different gifts by taking part in the country’s biggest transactions campaign – initiated by Nagad, a popular mobile financial service provider. Recently, Nagad’s Senior Executive Vice-President and Chief Marketing Officer Sadat Adnan Ahmad and Executive Vice-President and Deputy Chief Marketing Officer Muhammad Solaiman handed ... Read more

Hatil Chairman Selim H Rahman honoured with CIP award

Business Desk : dhakamirror.com Selim H Rahman, the esteemed Chairman and Managing Director of HATIL, a leading name in the furniture industry, was conferred with the prestigious Commercially Important Person (CIP) award for his pioneering contributions to the export of the furniture sector. The ceremony held at the Radisson Blu Water Garden Hotel, Dhaka, on ... Read more

Emirates announces first destinations for A350 service

Business Desk : dhakamirror.com Emirates has announced the first set of destinations to be served by its A350 aircraft entering service in September 2024. The airline plans to deploy its latest aircraft type to 9 destinations in the coming months, offering customers its latest signature cabin experiences.10 new A350s are expected to join the Emirates ... Read more

Adidas nearly ready to open outlet in Dhaka

Business Desk : dhakamirror.com Adidas, the German athletic apparel and footwear giant, is set to open its first outlet in Bangladesh this month at Gulshan-1 in the capital. The three-stripes will partner up with leading local conglomerate DBL Group, which will facilitate its entry into the Bangladesh market. “We have planned a soft launch on ... Read more

Shwapno opens new outlet in Pabna

Business Desk : dhakamirror.com Popular retail chain shop “Shwapno” has opened a new outlet in Pabna’s Sujanagar at Molla Super Market. The inauguration took place at 5:30pm on 30 December, reads a press release. Present at the event were Ahmed Firoz Kabir, Member of Parliament for Pabna-2 (Sujanagar, Aminpur), Chairman Shahinujjaman Shahin of Sujanagar Upazila, ... Read more

Shwapno launches new outlet at Bashundhara

Business Desk : dhakamirror.com Shwapno, the largest retail chain in Bangladesh, launched an outlet in the Bashundhara area on Thursday offering a month-long discount with a home delivery facility. On behalf of Bashundhara Group, media advisor Mohammad Abu Tayeb inaugurated the outlet as guest of honour at the Rupayan shopping centre in the residential area, ... Read more

With ‘Face ID’ and ‘Fingerprint’ login bKash app is now more secure, user-friendly

Business Desk : dhakamirror.com bKash app introduces biometric ‘Face ID’ and ‘Fingerprint’ login features to make users’ daily transactions easier and safer. Alongside, exciting new features – ‘Group Send Money’, ‘Request Money’, ‘Savings Marketplace’ and selecting ‘Default Card’ to use the ‘Add money’ service from VISA card to bKash – are also included in the ... Read more

Grameenphone wins ‘Bangladesh Sustainability Excellence Awards 2023’ in Financial Inclusion

Business Desk : dhakamirror.com It was an evening to rejoice and remember for Grameenphone at the Bangladesh Sustainability Excellence Awards 2023, as the organization’s sincere efforts with flagship initiatives GP Accelerator and GP Academy received due recognition. Renowned media house The Daily Star, along with CSR Window, honored the winners at the Bangladesh Sustainability Excellence ... Read more

Banglalink wins the best sustainability award

Business Desk : dhakamirror.com Banglalink has won the ‘Best Sustainability Excellence Initiative’ award in the ‘Disaster Response’ category at the ‘Bangladesh Sustainability Excellence Awards 2023,’ jointly presented by The Daily Star and CSR Window Bangladesh. The award is in recognition of Banglalink’s contribution to societal welfare through the innovative integration of an Early Warning System ... Read more

StanChart wins Mastercard Excellence Awards

Business Desk : dhakamirror.com Standard Chartered Bangladesh has clinched awards in three categories at the “Mastercard Excellence Awards 2023”. The categories are “Excellence in Mastercard Contactless (Issuing)”, “Excellence in Mastercard Credit Business (International)”, and “Excellence in Mastercard Business (Innovation)”. Naser Ezaz Bijoy, chief executive officer of the multinational bank, received an award from Atiur Rahman, ... Read more

Nagad wins Mastercard Excellence Award 2023

Business Desk : dhakamirror.com Nagad, a popular mobile financial service provider in Bangladesh, has clinched “Mastercard Excellence Award” 2023 for its contribution to credit card bill payments. The mobile money carrier has been honoured with this prestigious award as the “Master Evolution”, reads a press release. On behalf of his company, Nagad’s Executive Director Maruful ... Read more

Prime Bank clinches Mastercard Excellence Awards 2023

Business Desk : dhakamirror.com Prime Bank PLC, a leading private commercial bank of the country, has won Mastercard Excellence Awards 2023 for Debit Business (Domestic) category. Nazeem A Choudhury, deputy managing director of the bank, and Masudul Haque Bhuiyan, head of Cards & Alternative Delivery Channel, received the award from Dr Atiur Rahman, former governor ... Read more

Zakia Rouf Chowdhury elected as vice chairman of Bank Asia

Business Desk : dhakamirror.com Zakia Rouf Chowdhury has been elected as Vice Chairman of Bank Asia Limited recently at the 508th meeting of the Board of Directors of the bank. She has an illustrious business career of more than 35 years in the private sector of Bangladesh. Since inception, she has been holding leadership positions ... Read more