Bangladesh Receives 1.16 Bn USD World Financial institution Financing For Inclusive, Local weather-Resilient Improvement

Bangladesh Receives 1.16 Bn USD World Financial institution Financing For Inclusive, Local weather-Resilient Improvement


Dhaka: The World Financial institution authorized three operations totaling 1.16 billion USD to assist Bangladesh enhance well being companies, water and sanitation companies and obtain greener and climate-resilient improvement. 

“These new financing will deliver to the folks of Bangladesh important companies comparable to well being and water and sanitation whereas laying the inspiration for clear, local weather resilient and sustainable improvement,” Abdoulaye Seck, World Financial institution nation director for Bangladesh and Bhutan, stated in a press release obtained right here Friday, as Bangladesh is among the many most susceptible international locations to local weather change and faces the best air pollution challenges. 

In accordance with the Washington-based lender, the 500-million-dollar Second Bangladesh Inexperienced and Local weather Resilient Improvement Credit score will help reforms to assist the nation’s transition to inexperienced and climate-resilient improvement, Xinhua information company reported. 

The 379-million-dollar Well being, Vitamin, and Inhabitants Sector Improvement Program-For-Outcomes will assist enhance entry to high quality well being and vitamin companies and construct resilient well being programs in Sylhet and Chattogram divisions. 

The 280-million-dollar Chattogram Water Provide Enchancment Undertaking will present secure water by way of new and rehabilitated piped water connections to over 1 million folks in Chattogram. 

It can construct about 200,000 new family water connections and supply improved sanitation companies to about 100,000 folks in low-income communities. 

This challenge is a part of a World Financial institution South Asia regional initiative or program of packages to supply Water, Sanitation and Hygiene (WASH) companies to about 100 million folks throughout the area by 2035. 

The challenge will even assist the Chattogram Water Provide and Sewerage Authority (CWASA) enhance operational effectivity and monetary sustainability and tackle points associated to water loss comparable to excessive ranges of leakage, metering inaccuracies, and unlawful connections. 

It can assist scale back water losses by putting in new water meters and operationalising 46 Good District Metered Areas (DMAs) for dependable water provide, leakage detection, and real-time monitoring of water consumption. 



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