This study shows that the biggest climate offenders are in fact the richest countries in the world, while low and middle income countries suffer from the effects. With the failure of climate talks at Cancun, the role of the World Bank as manager of funds for climate change adaptation and resilience funds has emerged. Coincidently, this happened at a time when the Bank was adapting itself to the changed geopolitics of financing and grappling to reinstate its dominance among developing economies. Considering Bangladesh's recently ended political crisis, weak economic condition, challenges of a huge population, lack of resources and now the onslaught of climate change, very little option is left but to accept these climate funds of which most are managed by the Bank.