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That failure has helped keep climate finance at the top of the agenda at annual U.N. climate conferences, such as last year’s COP27, held in Sharm el-Sheikh, Egypt. Some officials from potential recipient countries say that, before more money starts to flow, clearer definitions of what qualifies as climate finance and more transparency in reporting contributions are needed. A SIMEST official said that the agency’s work is not focused on climate change and that it is not involved in Italy's climate finance reporting. Source: Reuters analysis of climate finance data nations reported to the U.N. Japan’s foreign ministry, not JICA, is responsible for reporting climate finance to the U.N., Takeda said.
Persons: COP27, Matthew Samuda, Venchi, hasn’t, Fred Béliard, Nicolas Fierens Gevaert, Mohammad Hossain, Sachiko Takeda, Takeda, Hiroshi Onuma, Matarbari, , Organizations: Jamaica's Ministry of Economic, Reuters, Italy's Ministry of Environment and Energy Security, United, Marriott, Fatima Group, U.S . State Department, Roja, French Development Agency, U.S, Power Cell, Japan International Cooperation Agency, Japan’s Ministry of Foreign Affairs Locations: Paris, Sharm el, Sheikh, Egypt, Dubai, Jamaica's, Japan, China, Indonesia, Asia, SIMEST, Italy, United States, Haitien, Haiti, Marriott, U.S, Belgium, Argentina, France, Mexico, Kenya, South Africa, Bangladesh, San Francisco, Germany, “ Japan
NEW DELHI, April 11 Reuters) - Japan has proposed developing an industrial hub in Bangladesh with supply chains to the landlocked northeastern states of India, and to Nepal and Bhutan beyond by developing a port and transport in the region, officials said on Tuesday. It comes after Japanese Prime Minister Fumio Kishida's visit to India last month in which he touted the idea of a new industrial hub for the Bay of Bengal and northeast India that could bolster development in the impoverished region of 300 million people. "It can be a win-win plan for India and Bangladesh," Hiroshi Suzuki, Japan's ambassador to India, said on Tuesday, citing the industrial hub proposal at a meeting of Indian, Bangladeshi and Japanese officials in Agartala, the Tripura state capital. He said the deep seaport was likely to become operational by 2027 and would be a key to building an industrial hub connecting the Bangladeshui capital Dhaka to landlocked areas of India. Prime Minister Sheikh Hasina will visit Japan from April 25-28 at Kishida's invitation, a government statement said.
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