Innovation in climate finance

Achim Steiner, the head of UNEP, in his citation mentioned both the Bangladesh Climate Change Strategy and Action Plan (BCCSAP) as well as the innovative Bangladesh Climate Change Trust Fund (BCCTF), where the government of Bangladesh has allocated the equivalent of around US$100 million in each year's national budget to the BCCTF for implementing 44 programmes under six pillars identified in the BCCSAP.