The major announcements at COP30 in Belém, Brazil are reshaping expectations for global climate finance, forest protection and international carbon markets, with governments, multilateral lenders and corporates signalling new levels of ambition. Considering the context, Sharif Jamil, Coordinator, Waterkeepers Bangladesh urged that Bangladesh should be careful not to step in into the northern trap of Carbon Market Mechanisms that allows continuation of pollution and harming the planet. It is against the essential essence of COP process itself.
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