The World Meteorological Organization branded 2001-2010 as “a decade of climate extremes”. Over that decade, the yearly average number of severe storms with ‘names’ was 25 percent more than the average of 1981-2010. This surely indicates a severe decade ahead of us.
The United Nations’ Global Assessment Report on Disaster Risk Reduction (GAR) 2013 adds further to our worry. It estimates that at least 50 percent of the direct financial losses are from smaller disasters taking place at the country level and is not counted in the global calculations.
If our post-2015 efforts need to “put sustainable development at the core,” despite worrying pasts and uncertain futures, we must address climate change and disaster resilience. To do so, among other things, we need creative funding systems with practical actions at the country and global levels.
The least-developed, climate vulnerable countries are often seen waiting for money to come to help them. Bangladesh is a different picture, however. Between July 2009 and June 2013, its government has put about $315 million of its own money to the ‘Bangladesh Climate Change Trust Fund’. Until April 2013, more than 200 projects have been supported from this Trust Fund to implement the Bangladesh Climate Change Strategy and Action Plan (BCCSAP, 2009) to prepare the country against the impacts of climate change.