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Published on Nov 7, 2012
Bangladesh is one of the most vulnerable countries in the world to the impacts of Climate Change. The impacts of Climate Change affect all economic sectors. The Government will thus have to invest big amounts of money in adaptation or mitigation activities.
In 2011, the Poverty-Environment Initiative supported the Government of Bangladesh to undertake a Climate Public Expenditure and Institutional Review. This exercise allows analyzing how much the Government is already spending to address Climate Change. It includes creating a Climate budget code to trace any public spending related to adaptation or mitigation activities.
Undertaking a Climate Public Expenditure Review allowed the Government of Bangladesh to draw attention to the required levels of investment in different sectors, to reveal some important trends and gaps. As well to ensure money spent to adapt or mitigate Climate Change is allocated the best way.