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Home»Environment»Bangladesh receives $900m from WB to improve environment sustainability
Environment

Bangladesh receives $900m from WB to improve environment sustainability

December 23, 2024No Comments1 Min Read
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It will construct over 300 kilometers of footpaths, 10 regional bus terminals, 10 kitchen markets, 10 supermarkets, 10 parks, 10 community centers, 20 public toilets, 880 kilometers of urban roads, and, 2000 meters of bridges/culverts among others.

The agreements for the Second Bangladesh Green and Climate Resilient Development Credit and the Resilient Urban And Territorial Development Project were signed by respectively Mr. Shahriar Siddiky, Secretary, and Mr Farid Aziz, Additional Secretary, Economic Relations Division, Government of Bangladesh and Abdoulaye Seck on behalf of Bangladesh and the World Bank, respectively.

The World Bank was among the first development partners to support Bangladesh following its independence. Since then, the World Bank has committed more than $45 billion in International Development Association (IDA) financing in the form of grants, interest-free loans, and concessional credits to help the country address its development priorities. In recent years, Bangladesh has been among the largest recipients of the World Bank’s interest-free credits.

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