Research Article

Effects of Climate Finance on Risk Appraisal: A Study in the Southwestern Coast of Bangladesh

Table 1

Climate-relevant budget allocation in selected ministries from 2014 to 2018 [18].

Budget descriptionAnnual budget (amount in thousand taka)
2014-152015-162016-172017-18

Nondevelopment budget270,827,806300,456,768309,209,969358,797,697
Climate-relevant allocation65,982,85577,193,80784,036,98685,334,676
% of nondevelopment budget24.3625.6927.1823.78

Development budget253,047,122297,119,124350,529,332403,219,100
Climate-relevant allocation28,066,41246,513,50553,701,88161,001,430
% of development budget11.0915.6515.3215.13

Total budget523,874,928597,575,892659,739,301762,016,797
Climate-relevant allocation94,049,267123,707,312137,738,867146,336,106
% of total budget17.9520.7020.8819.20
% of GDP0.620.710.700.66

Source: Climate Protection and Development: Budget Report, 2017-18.