Climate Change Negotiations and the Achievements of Developing Countries with Reference from Bangladesh

Taslim Hasan and Md. Sayed Parvez
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Taslim Hasan: Lecturer in Finance, Department of Business Administration, Bangladesh Islami University.
Md. Sayed Parvez: Lecturer in Marketing, Department of Business Administration, University of Information Technology & Sciences

International Journal of Business and Social Research, 2015, vol. 5, issue 5, 94-102

Abstract: This paper describes the achievements of Bangladesh as a developing country from climate change negotiations. Climate change draws the highest attention in the past couple of decades as a result of the disruption in the environmental balance resulting from the negative consequences of the industrial revolution and man’s consumption of natural resources. The world now fears a devastating deterioration of the environmental condition. Amongst the most debated issues in this context is climate change and global warming, the concern of which is not limited to a single country, but rather encompasses the whole world since there is no region or state which is not affected by it. Climate change summit is a platform that helps the developing countries to bargain with the developed industrial community. Bangladesh as a delta, is highly prone to dangers of climate change. Neither the Cap and Trade system nor the global carbon market compensates the level of danger, the country already encountered. Moreover, it is not sufficient to have the mere climate fund every year after bargaining. This paper explains the issue in depth and finds no significant achievement for Bangladesh from climate change negotiations, other than insufficient climate funds.

Keywords: Clean development mechanism; emission trading system; Kyoto protocol. (search for similar items in EconPapers)
Date: 2015
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