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Green Climate Fund: Course correction needed?

The Green Climate Fund (GCF) is meant to be a new, innovative institution that will directly support climate action in developing countries, with a particular focus on the poorest and most vulnerable who thus far have had little access to climate finance. Further, the GCF is to do this through projects and programmes that also address sustainable development and bring social, environmental, economic and gender benefits. But last week, at its penultimate meeting before the major United Nations climate summit in Paris, the GCF Board took decisions that flew in the face of this vision for the Fund. [caption id="attachment_18235" align="alignright" width="604"]

IBBL distributes relief among flood victims

Islami Bank Bangladesh Limited has taken initiative to distribute relief worth Tk. 30 million this year among the flood affected people across the country. Relief materials and cash are being distributed in the flood affected areas in Rangpur and Chittagong division through its local branches. Every year the Bank distributes relief among the flood hit people under its CSR activities. [caption id="attachment_18132" align="alignright" width="576"]DSC04922 Mohammed Amirul Islam, Executive Vice President and head of Chittagong South Zone of Islami Bank Bangladesh Li...