Economists for curbing inequality to make development meaningful
Per capita gross domestic product (GDP) in Bangladesh has increased eight times over the last two and a half decades as the $30-billion economy of the mid-1990s swelled to the tune of $411 billion in the 2020-21 fiscal year. In spite of the incredible development in income, health, education and other socio-economic indicators of development, rising inequalities among different groups and regions would confront inclusive growth and development in coming days, said economists at a webinar on Saturday. At the online seminar styled "Journey Towards Inclusive Growth: Challenges and Policy Imperatives for Bangladesh at 50 and beyond", organised by the Research and Policy Integration for Development (RAPID), emphasised reforming the taxation structure, boosting investment in health and education, and increasing allocation for the social protection to reduce the inequalities. Dr M Abu Eusuf, executive director of RAPID, presented the keynote paper at the webinar. He said Bangladesh has withstood overwhelming odds to emerge as a development success story over the last several decades.
India targets net-zero carbon emissions by 2070, says Modi
India’s economy will become carbon neutral by the year 2070, the country’s prime minster has announced at the COP26 climate crisis summit in Glasgow. The target date is two decades beyond what scientists say is needed to avert catastrophic climate impacts. India is the last of the world’s major carbon polluters to announce a net-zero target, with China saying it would reach that goal in 2060, and the United States and the European Union aiming for 2050.
COP26: What climate summit means for one woman in Bangladesh
China's carbon emissions are vast and growing, dwarfing those of other countries. Experts agree that without big reductions in China's emissions, the world cannot win the fight against climate change. In 2020, China's President Xi Jinping said his country would aim for its emissions to reach their highest point before 2030 and for carbon neutrality before 2060. His statement has now been confirmed as China's official position ahead of the COP26 global climate summit in Glasgow. But China has not said exactly how these goals will be achieved.
Why China's climate policy matters to us all
China's carbon emissions are vast and growing, dwarfing those of other countries. Experts agree that without big reductions in China's emissions, the world cannot win the fight against climate change. In 2020, China's President Xi Jinping said his country would aim for its emissions to reach their highest point before 2030 and for carbon neutrality before 2060. His statement has now been confirmed as China's official position ahead of the COP26 global climate summit in Glasgow. But China has not said exactly how these goals will be achieved.
Deliver on promises, developing world tells rich at climate talks
A crucial U.N. conference heard calls on its first day for the world's major economies to keep their promises of financial help to address the climate crisis, while big polluters India and Brazil made new commitments to cut emissions. World leaders, environmental experts and activists all pleaded for decisive action to halt the global warming which threatens the future of the planet at the start of the two-week COP26 summit in the Scottish city of Glasgow on Monday. The task facing negotiators was made even more daunting by the failure of the Group of 20 major industrial nations to agree ambitious new commitments at the weekend.