Govt plans massive mangrove forestry to protect wildlife

The government has taken a plan to create mangrove forestry in 17,000 hectors of land during 2021-22 to 2023-24 fiscal aiming to protect and preserve forestry and wildlife, according to an official document. Besides, an updated version of Climate Fiscal Framework will be published in line with Bangladesh Delta Plan 2100 and SDGs. Addressing climate change towards maintaining a sustainable environment and optimum forest coverage is a priority for the government, reports UNB. The Bangladesh Climate Fiscal Framework 2020 has been developed as an updated version of Climate Fiscal Framework 2014 by Finance Division with support from its Inclusive Budgeting and Financing for Climate Resilience (IBFCR) Project. The project is financed by the Government of Bangladesh and the United Nations Development Programme (UNDP). The Bangladesh Delta Plan (BDP) 2100 is a long-term, integrated, and holistic vision of water and land management throughout Bangladesh. It aims to support the country's long-term development in the face of the opportunities and risks that emerge from the interface between water, climate change, and human activity. Bangladesh has made great strides in development under the Sixth Five Year Plan (FY2010-FY2015), and aspires to build on this momentum to reach upper middle-income country status and eliminate extreme poverty. Bangladesh is also the sixth most vulnerable country in the world to natural hazards such as flooding and cyclones. The frequency and intensity of these natural hazards will increase with climate change. In medium term, as per the document, initiatives will be taken to implement projects or programmes for adaptation to, and mitigation of, climate change, reduction of environment pollution, improvement of biodiversity and enhancement of mangrove forest in coastal areas. Moreover, the target of distributing dividends among the beneficiaries involved in social forestry has been set Tk 930 million for the fiscal year of 2023-24. 

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