Environmental advisor to the interim government, Syeda Rizwana Hasan, announced that the World Bank would donate $300 million to support Bangladesh’s clean air initiative.
She explained that the initiative aims to lower carbon emissions in important sectors and improve the nation’s management of air quality.
A press statement said that the advisor shared the information after meeting with Abdoulaye Seck, country director for Bangladesh and Bhutan, and Martin Raiser, vice president for the World Bank’s South Asia Region.
To help Dhaka’s waste management system and restore its canals, Rizwana urged the World Bank to create a “Blue Network.”
She mentioned the National Adaptation Plan (NAP) assistance and the loss and damage fund.
In addition to highlighting the government’s commitment to sustainable development and environmental protection, she also outlined a coordinated plan for improved water resource management and climate change mitigation.
Raiser praised Bangladesh for its efforts to enact a progressive environmental policy and assured that the World Bank would assist in matching the initiative with global best practices.
To accomplish long-term sustainable goals, Seck emphasized the necessity of strategic investment and international cooperation.
The statement said that in order to lead Bangladesh towards a sustainable future, the meeting concluded with a commitment to strong cooperation in environmental governance, climate resilience, and water resources management.
We will use World Bank funding (IDA credit) to carry out the project. Bangladesh could also receive a separate grant through the national Air Quality Management Plan’s clean cooking initiative.
