Bangladesh: World Bank approves $120m loan for climate smart agriculture in Bangladesh

DHAKA, 16 March 2022, (TON): The International Development Association, a concern of the World Bank, will provide $120 million for the development of climate smart agriculture and water management project.

Bangladesh and the World Bank signed a loan agreement in this regard held at the Economic Relations Division, a wing of the Ministry of Finance.

ERD Secretary Fatima Yasmin and WB acting country director Dandan Chen signed the agreement on behalf of their respective sides.

The project will be implemented jointly by Bangladesh Water Development Board under Ministry of Water Resources, Department of Agricultural Extension under Ministry of Agriculture and the Directorate of Fisheries under the Ministry of Fisheries and Livestock.

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