Bangladesh Correspondent Dhaka
DHAKA: World Bank has provided Bangladesh $2.25 billion to support growth, regional connectivity, and disaster preparedness’ as Bangladesh and World Bank jointly celebrates 50 years of partnership at the World Bank Headquarter in Washington DC, USA and the signing of the financial agreement of the following five project took place:
The $753.45 million Accelerating Transport and Trade Connectivity in Eastern South Asia (ACCESS) Program Phase 1 will help improve regional trade.
The $500 Resilient Infrastructure for Adaptation and Vulnerability Reduction (RIVER) project will be will be the first major investment project to support the Bangladesh Delta Plan 2100. It will help improve disaster preparedness against inland flooding.
The $500 million First Green and Climate Resilient Development Credit will help the country’s transition to green and climate-resilient development.
The $250 million Sustainable Microenterprise and Resilient Transformation (SMART) project will help transform the micro-enterprise sector into a more dynamic, less-polluting, resource-efficient, and climate-resilient growth sector.
The $250 Bangladesh Environmental Sustainability and Transformation (BEST) Project help Bangladesh strengthen environment management and promote private sector participation in green investment.
