Dhaka, Sunday

16 June 2024

Business Insider Bangladesh

Dhaka calls for enhanced int’l financing for sustainable water management

BI Report || BusinessInsider

Published: 13:32, 23 March 2023  
Dhaka calls for enhanced int’l financing for sustainable water management

Photo: Collected

Expressing grave concern over the limited international financing availability for water-related climate adaptation, Foreign Minister AK Abdul Momen has urged the global community to step up efforts to enhance international financing for sustainable water management.

Momen was speaking at the general debate of the UN Water Conference 2023 at the UN Headquarters in Manhattan, New York City of United States on Wednesday.

“To implement the water action agenda under Sustainable Development Goals, we are calling upon the development partners and international financial institutions to enhance the international financial support to the countries in need,” Momen said.

UNB adds: This is the first UN Water Conference in a generation, which aims to mobilize global support to take concerted action towards achieving the internationally agreed water-related goals and targets, including those contained in the 2030 Agenda for Sustainable Development.

Referring to the national policies of Bangladesh on the UN water action agenda, Foreign Minister Momen said Bangladesh attaches high importance to sustainable management of its water resources to support its long-term development plan.

He said under the visionary leadership of Prime Minister Sheikh Hasina, the government has initiated a 100-year plan titled ‘Bangladesh Delta Plan-2100’ and formulated the ‘Bangladesh Water Act 2013’ for building a resilient delta through sound integrated water resources management (IWRM).

The UN conference, co-hosted by the governments of Tajikistan and the Netherlands, features an opening and closing ceremony, six plenary meetings and five multi-stakeholder interactive dialogues.

Foreign Minister Momen delivered a keynote in interactive dialogue-2 entitled “Water for Sustainable Development: Valuing Water, Water-Energy-Food Nexus, and Sustainable Economic and Urban Development” and an opening statement in another side event entitled “Water Solutions for Climate Adaptation: Lessons to Scale up Impactful Delivery” organized by the Global Center on Adaptation, Government of the Netherlands and African Development Bank.