She announced that Bangladesh would never exceed the average per capita carbon emitted by the developing world.
The prime minister was speaking at the intervention of the Retreat Session of the 10th ASEM Summit meeting on the second and last day on Friday at Milan, Italy.
Hasina also conveyed Bangladesh’s concern over the huge gap between the commitments of the developed world and their initiatives to fulfil those commitments.
She pointed out that the global action of sharing the burden was absent.
Referring to the Rio+20, Hasina said, countries had agreed on a shared dream to have the “Future we want for all”.
The prime minister said, despite being a climate-vulnerable LDC, Bangladesh was forced to divert its development budget for adaptation and mitigation of climate change.
“Yet, climate change continues to affect the lives and livelihoods of millions of our people,” she said.
Increasing intensity and frequency of flooding, storm surge, salinity intrusion and the changes induced by climate change were badly affecting our coastal habitat, she added.
The Bangladesh leader mentioned that if the world community was not determined about climate “mitigation”, adaptation costs would be much higher than it was estimated today.
“Adaptation is crucial for sustainable development but critical balance between adaptation and mitigation will have to be maintained.”
She said Bangladesh already learnt much on adaptation front and it was ready to share its modest experience on climate resilience.
She put emphasis on the respective “Intended Nationally Determined Contributions” saying it must be clear, measurable and verifiable.
Hasina believed there should be greater “fast-track finance” for adaptation, technology development and transfer; capacity building; transparency of action and support particularly for the climate-vulnerable countries.
Green Climate Fund would need to take those into account, she said.
Describing measures undertaken on the climate change issue, the prime minister said her government had been implementing Bangladesh Climate Change Strategy and Action Plan.
Her administration also installed 3.2 million solar home systems, provided over 1.5 million improved cook stoves across Bangladesh as well as developed stress-tolerant crop varieties.
The prime minister during her speech at the UN Climate Summit in last September in New York had also urged the developed countries to come forward to match robust commitments and efforts from countries like Bangladesh to face the adverse impact of climate change.