Chief adviser Fakhruddin Ahmed emphasized the importance of industrialized nations providing climate adaptation funds to developing countries, which are the most affected by climate change, without any conditions. He also urged wealthier nations to transfer advanced technology to help developing countries improve their climate resilience. Fakhruddin stated that industrialized economies should offer adaptation funds and support technology transfer unconditionally. He further mentioned that developed nations, as the main polluters, have a vital responsibility to reduce greenhouse gas emissions within specified time frames. The SAARC Ministerial Meeting on Climate Change was initiated in Dhaka following a proposal by the city, as there are concerns about a significant portion of Bangladesh's land being submerged due to rising sea levels caused by global warming. The meeting is anticipated to approve a shared declaration on taking action to address climate change, which will impact the entire SAARC region including Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka. The Maldives island chain is also at risk of being submerged due to rising sea levels. Fakhruddin emphasized the importance of SAARC countries uniting to urge developed nations to provide new resources to support their adaptation efforts. He also mentioned that Bangladesh is working towards establishing an international climate adaptation center to exchange knowledge and best practices. It is crucial for developed countries to make a unilateral and unconditional commitment to reducing their emissions. He emphasized the importance of taking action to combat climate change in order to protect ourselves from its dangers. Fakhruddin warned that climate change could have devastating consequences for millions of poor people, leading to floods, droughts, and salinity. He compared the potential impact of climate change to past tragedies like the Black Death and World War II. Fakhruddin urged against inaction, stating that we must act to prevent this catastrophe. SAARC Secretary-General Sheel Kant Sharma also stressed the need for developed countries to make binding commitments to reduce greenhouse gas emissions within specific timeframes. The inauguration was overseen by Devasish Roy, the special assistant for environment to the chief adviser, and also featured remarks from Iftekhar Ahmed Chowdhury, the foreign adviser.