BangladeshMarch 2009 | Risk Summary
The government of Bangladesh has approved funding for a climate change trust to protect the country from the adverse effects of natural disasters. The trust's initial endowment, valued at US$43.5mn, will allow the government to bring together environmental and disaster management experts, who will help it form policies to contain the effect of climate change. Bangladesh, which has historically been vulnerable to deadly cyclones and flooding, lost some 4,500 people to Cyclone Sidr in 2007. According to environmental experts, a one-metre rise in sea levels would displace some 30mn people, and severely undermine the country's economic development.
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