Clicky
City

ActionAid Bangladesh demands termination of fossil finance


Published : 03 Mar 2023 09:25 PM

ActionAid Bangladesh, in cooperation with Young People, organised the Global Climate Strike on Friday in front of the National Press Club in Dhaka. 

More than 2 hundred representatives of Young People from Activista Bangladesh Platform of ActionAid Bangladesh and more than 24 youth organisations attended this Global Climate Strike, read a media release.

“Ending fossil finance is not a question of financial or technical capacity, it is rather a matter of global leaders’ will. There are enough funds to fulfill the goals of SDGs if public investment banks and private sector organizations redirect the investments made in fossil fuel to sustainable projects and renewable energy,” protesters said.

Farah Kabir, Country Director, ActionAid Bangladesh said in her statement, “Increasing fossil-finance trend is a prime example of capitalist mindset to prioritize profit over people. It’s drastically destroying the ecosystem and climate, disproportionately impacting the Southern countries and marginalised communities.

If we fail to act, societies will experience catastrophic ecological and environmental damage and human displacement.”

Young Activista volunteers from 26 districts and their 7 local hubs also protested in solidarity with the strikers by participating in local demonstrations in Satkhira, Bagerhat, Noakhali, Kurigram, Cox’s Bazar, Chattogram, and Barguna and many other places.