Climate Change Fund
3 projects approved
The governing council of Bangladesh Climate Change Resilience Fund (BCCRF) approved three projects involving Tk 566.62 crore to face the bad impacts of climate change in the country.
The council also approved three other projects in principles involving Tk 440.34 crore in a meeting of the council chaired by Environment and Forests Minster Dr Hasan Mahmud at the environment and forests ministry yesterday.
After the meeting, during a briefing to journalists Hasan Mahmud said, “So far, we have allocated 90 percent of total fund we got from development partners to ensure the highest use of the fund.”
Under the projects, a total of Tk 277.16 crore will be provided to the Climate Resilient Participatory Afforestation project to be implemented by Forest Department, Tk102.50 crore to Community Climate Change Project (CCCP) to be implemented by PKSF, and Tk 186.96 crore to the Agriculture Adaptation in Climate Risk Prone Areas of Bangladesh to be implemented by Agriculture Ministry.
The remaining three projects are -- constructions of 60 cyclone centres, constructing 25 kilometres of road and building a cross-dam connecting Urirchar and Noakhali, and constructing modern silos to preserve food grains.
Agriculture Minister Matia Chowdhury, Foreign Minister Dr Dipu Moni, Water Resources Minister Ramesh Chandra Sen and World Bank Country Director Ellen Goldstein, among others, were present at the meeting.
Praising the role of Bangladesh government in fighting climate change challenges, Ellen said the World Bank is happy to help the country in managing the fund.
Earlier, the government signed agreements of $170 million climate funds with seven development partners.
For all latest news, follow The Daily Star's Google News channel.
Comments