Bangladesh’s government has proposed allocating Tk 100 crore to the Bangladesh Climate Change Trust in the 2026–27 fiscal year budget, Finance Minister announced in Parliament on Thursday. The government also finalized a plan to plant one crore trees under the ‘One Child, One Tree’ initiative to combat the effects of climate change.

The Finance Minister said Bangladesh remains one of the world’s most climate-vulnerable countries, facing challenges from rising temperatures, sea-level rise, salinity intrusion, cyclones, and floods. To ensure a livable future, the government has set a target of planting 25 crore trees nationwide over the next five years, which is expected to create about 350,000 green jobs. The budget also includes detailed targets for block, strip, mangrove, and homestead plantations.

Additional measures include bringing 50 percent of coastal mangrove forests under carbon trading, implementing a circular future model for waste management, establishing ten modern vehicle inspection centers to reduce pollution, introducing electric bus services, and issuing updated e-waste management guidelines to cut plastic waste by 30 percent within five years.