Human capital including skills development for a developed Bangladesh
Bangladesh is currently going through a multi-speed transformation with a passionate dream of becoming a developed country by 2041. The second Perspective Plan clearly sets the milestones including Bangladesh becoming an upper middle-income country in 2031 and then attaining a high-income status in about a decade. This national aspiration originates from its robust economic growth over the last couple of decades, particularly during the post-2009 period. According to a recent Standard Chartered Bank study, the nominal per capita GDP of Bangladesh during 2011-2018 was 9.4%, the highest in emerging economies of Asia. Defying the global pandemic, it maintained that lead with 7% growth leaving both China and India far behind. Remaining largely oriented towards domestic consumption, the economy remains inclusive and sustainable with stunning macroeconomic stability despite some occasional hiccups. The perspective plan (2021-41) also aims at accelerating the productive capacity of the economy primarily through building up a knowledge economy with climate-friendly policies and programs. Obviously, this aspirational development strategy can only be realised if we can further improve our total factor productivity by creating more jobs without compromising on our desire to accelerate the consistent growth of state-of-the-art export-oriented manufacturing and services as the core area of competitive strength. This is possible by making best use of the blended approach of both automation and reskilling of the existing workforce and skilling of the new ones. In addition, the country would like to advance in technological innovations and prepare the workforce accordingly. Recently, Bangladesh has been showing its added ambitions of becoming more climate resilient by pushing entrepreneurial development in renewable energy, other green industries, and agricultural processes with a huge scope of creating more employment for productive and technology-ready human capital including desired skills development.
India targets net-zero carbon emissions by 2070, says Modi
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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.