Bangladesh can turn climate challenges into inclusive growth: Danish envoy

Bangladesh has the potential to transform its climate vulnerabilities into sustainable and inclusive growth, said Danish Ambassador Christian Brix Møller at a dialogue in Dhaka today (23 October).

Although Bangladesh contributes less than 0.4% of global greenhouse gas emissions, it faces some of the world's most severe climate risks, he said at the event titled "Climate Talk: Exploring a Robust Carbon Market in Bangladesh", hosted by the Embassy of Denmark in Dhaka.

"This can be seen as climate injustice, but also as an opportunity for leadership and investment. With the right partnerships and policies, Bangladesh can turn climate challenges into sustainable and inclusive growth. Carbon markets can play a central role in this transformation," he said.

The session featured a keynote presentation by Shyamal Barman, consultant and carbon market specialist, who discussed the global relevance of carbon trading. 

"Carbon trading is not only a mechanism for reducing emissions but also a tool for mobilising investment in sustainable development," he said, adding that a credible carbon market could help Bangladesh achieve economic growth while meeting its Nationally Determined Contributions (NDCs) under the Paris Agreement.

A panel discussion followed, featuring representatives from government, academia, and the private sector, who discussed policy frameworks, institutional readiness, private sector engagement, and measures to ensure transparency and credibility in carbon trading.

Mirza Shawkat Ali, director of Climate Change and International Convention at the Department of Environment, said Bangladesh could emerge as a forerunner in climate solutions among developing nations. 

"We are developing a Carbon Market Framework to attract investment, promote innovation, and ensure that climate initiatives benefit both local communities and the economy," he said.

In his closing remarks, Ambassador Møller reaffirmed Denmark's commitment to supporting Bangladesh's green transition. 

"A credible and effective carbon market requires strong institutions, clear policies, and collaboration across government, business, and civil society. Today's dialogue marks an important step towards turning these discussions into action," he said.

The event concluded with key takeaways that will help shape future policy discussions and capacity-building efforts, underscoring that partnerships, strategic planning, and knowledge sharing can help Bangladesh turn its climate challenges into long-term economic opportunities.