Bangladesh Climate Change Trust
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The Bangladesh Climate Change Trust is a government trust in Bangladesh that utilises funds to take action against problems caused by
climate change In common usage, climate change describes global warming—the ongoing increase in global average temperature—and its effects on Earth's climate system. Climate change in a broader sense also includes previous long-term changes to E ...
. The trust fund has operated since 2010, and collaborates with government ministries as well as
NGOs A non-governmental organization (NGO) or non-governmental organisation (see spelling differences) is an organization that generally is formed independent from government. They are typically nonprofit entities, and many of them are active in h ...
and the private sector to implement and evaluate climate change mitigation projects.


History

The Bangladesh Climate Change Trust (BCCT) was established on 13 October 2010 through the passage of the Climate Change Trust Act, 2010. It works under the
Ministry of Environment and Forests The Ministry of Environment, Forest and Climate Change (MoEFCC) is an Indian government ministry. This ministry is headed by Secretary Rank senior most IAS officer. The ministry portfolio is currently held by Bhupender Yadav, Union Minister of ...
. In April 2017, Mohammad Iqbal the chairman of
Bangladesh Chemical Industries Corporation Bangladesh Chemical Industries Corporation (BCIC) is a government owned corporation in Bangladesh. Shah Md. Imdadul Haque is the chairman of Bangladesh Chemical Industries Corporation. History Bangladesh Chemical Industries Corporation was fo ...
was transferred to the BCCT as its managing director by the
Government of Bangladesh The Government of the People's Republic of Bangladesh ( bn, গণপ্রজাতন্ত্রী বাংলাদেশ সরকার — ) is the central executive government of Bangladesh. The government was constituted by the Con ...
. He has since refused to leave his previous position and is now lobbying to get his transfer cancelled. The government of Bangladesh has allocated $400 million to the fund.


Functions

The official website of the BCCT lists the fund as having a range of functions in regards to the funding of climate change mitigation projects: *The overall management of the Climate Change Trust Fund *Provide secretarial support to the Trustee Board on Climate Change and Technical Committee *Review projects from different government ministries/divisions *Coordinate with different government ministries/divisions to progress climate change mitigation projects *Connect with beneficiaries, civil society, NGO, private sector and international organizations related to climate change *Undertake monitoring and evaluation of projects under implementation


References

Climate change in Bangladesh Government agencies of Bangladesh 2010 establishments in Bangladesh {{Bangladesh-org-stub