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Exciting News! French President Emmanuel Macron has offered a groundbreaking #JustEnergyTransition partnership to #Bangladesh, along with support from the Global Biodiversity Framework Fund and a bilateral #AdaptationPact backed by #AFD funding! Macron invited Bangladesh to join the Global Biodiversity Framework Fund (GBFF) recently created to support biodiversity conservation, with a focus on #mangrove forests. This proposed "adaptation pact" sets a fantastic example of effective cooperation for #LocalLeadership in Adaptation. Let's support a truly bottom-up adaptation program involving the government, civil society, and particularly the #youth, in order to enable Bangladesh to tackle climate change. Climate Finance Governance is key, and here's a great idea: Let's ensure that NGOs and CSOs consortia have the opportunity to apply directly for funds. Climate change adaptation must be driven at the national level and prioritize the most vulnerable communities. These solutions should not be imposed from the outside. The #ClimateEmergency calls for impactful partnerships, and this is a significant step in the right direction! Let's work together to make a difference. Join us in celebrating the role of youth in locally led adaptation efforts. Their passion and dedication are driving positive change. Together, we can create a more sustainable future! [Link to the full article: https://lnkd.in/gKe763bu] #ClimateAction #YouthInAction 💪🌿 Runa Khan Saleemul Huq laxman लक्ष्मण belbase बेल्वासे Rajib Ghosal Purnima Joshi Shakeb Nabi Shubhomoy Haque

Every action has both intended and unintended consequences and some of the unintended consequences result in negative externalities. Forestry carbon credits are a financial asset but with no independent regulatory oversight around issuance and MRV. This creates a significant moral hazard to create “more tonnes” since most participants are paid by the tonne