Assessing Synergy between Climate and Development Projects: Which one is more effective, efficient and transparent?
This study was designed to understand whether projects funded through development window of finance in Bangladesh like the Annual Development Plan (ADP) is different or similar to that of climate window of finance like Bangladesh Climate Change Trust Fund (BCCTF). The BCCTF is managed by the Ministry of Environment, Forests and Climate Change whereas the ADP is managed by the Ministry of Planning and Ministry of Finance. It was, therefore, studied also to understand whether the new window of financing climate projects is more efficient, effective and sustainable. On the contrary, if they are both similar in nature then a pertinent question is whether there is a need to have separate windows.