DHAKA, Dec 23 (NNN-BSS) – The Bangladeshi government and the World Bank, signed two financing agreements totalling 900 million U.S. dollars, to help the country achieve environment sustainability and climate resilience, including in urban infrastructure and inclusive growth.
The 500 million dollars “Second Bangladesh Green and Climate Resilient Development Credit” will support policies, to help the country’s transition to green and climate-resilient development, according to a media release received here, yesterday.
The financing also supports policies to reduce air pollution, improve environmental enforcement, expand access to carbon markets, enhance sustainable water and sanitation services, improve the efficiency of the Bangladesh Delta Plan 2100, and advance a climate-resilient environment.
The 400 million “Resilient Urban And Territorial Development Project” will help improve climate-resilient and gender-responsive urban infrastructure and urban management capacities, in seven city clusters along the economic corridor, covering over 950 kilometres of the highway from Cox Bazaar in the south, to Panchagarh in the north of Bangladesh.
The project will benefit about 17 million people living in these selected urban areas, according to the media release.– NNN-BSS
