Dhaka, Bangladesh, June 12 (Bernama-GLOBE NEWSWIRE) — Honorable Prime Minister Sheikh Hasina graciously accepted the Global Center on Adaptation’s Local Adaptation Champions Award from GCA CEO Professor Patrick V. Verkooijen today, on the occasion of his official visit to Bangladesh.
Bangladesh, the first government to receive the global Local Adaptation Champions Award, won in the Innovation in Devolving Finance category for the Local Government Initiative on Climate Change (LoGIC). Implemented by the Ministry of Local Government, Rural Development and Co-Operatives, Government of Bangladesh, LoGIC provides a mechanism for accessing and managing climate finance from various sources, a platform for sharing best practices and lessons learned, and a system for monitoring and evaluating effectiveness and impact.