Bangladesh's state minister for environment, Hasan Mahmud, expressed dissatisfaction with the European Union's climate fund commitment in Copenhagen on Saturday. The EU pledged 10 billion euro over three years to the climate adaptation fund, but Mahmud raised concerns about whether this commitment is in addition to Official Development Assistance (ODA). He emphasized the need for industrialized nations to contribute around 1.5 percent of GDP to the adaptation fund, which could create a $400 to $600 billion fund. The state minister emphasized that the proposal from the EU is insufficient to generate the necessary $400-600 fund for adaptation. He stated that poor and vulnerable nations are firm in their demand for a separate climate fund, separate from existing ODA and not controlled by financial institutions like the IMF and World Bank. He suggested the creation of a new institution that is easily accessible and more transparent. Hasan emphasized that 70 percent of funds should go to the least developed or most vulnerable countries, with 15 percent specifically allocated to Bangladesh. He stated that over one billion people are at risk of climate change globally. Hasan mentioned that Bangladesh is leading the formation of a new group called Most Vulnerable Countries (MVCs) and has reached out to potential member countries. He anticipates that around 20 countries will join this new group. He stated that the UN recognizes G-77 or LDCs in the context of economic development. He mentioned that efforts are being made to achieve similar recognition for climate change. He emphasized the need to create a new group of vulnerable countries for more effective negotiation. Hasan highlighted Bangladesh as the most vulnerable country, leading the Global Climate Risk Index with fifteen percent of the 1 billion most vulnerable people residing in the country. Fifteen percent of the adaptation fund should be allocated to Bangladesh as it is a demand based on the country's significant impact from climate change, including sea level rise and extreme weather events. The total number of affected people in Bangladesh is expected to be higher than that of small island countries. A delegation from Dhaka held a panel discussion during the conference, focusing on Bangladesh's status as a victim of climate change. Dr. Ainun Nishat, a climate expert, focused on discussing the effects of climate change on food and agricultural production, water management, health, and infrastructure.