Governance and Integrity in Climate Finance

Risk assessment in Bangladesh

In his presentation at the Water Integrity Forum, Zakir Hossain Khan highlighted the potential disastrous impact of climate change in Bangladesh and the integrity risks the country faces as large scale investments are made to counter the most serious consequences of the crisis, in the water sector in particular.

Increased flooding, storms and damage to agriculture in particular could affect over 70 million people, making Bangladesh one of the most vulnerable countries to climate change. By 2012, over $1 billion had been pledged or allocated as part of climate change financing. Echoing Transparency International’s Global Corruption Report of 2011 focused on climate change, the author points to the risks presented by the scale, speed and complexity of climate change finance in Bangladesh, reinforced by gaps in capacity, gaps in oversight and low participation of affected stakeholders.