Antalya:Bangladesh is set to receive up to $30 million in the initial phase of the ARISE programme, launched by the Climate Investment Funds (CIF), aimed at helping countries address climate change impacts.
According to United News of Bangladesh, Dr. Saimum Parvez, Special Assistant to the Prime Minister for Environment, Forest and Climate Change, announced this funding on the sidelines of the 31st UN Climate Change Conference (COP31) in Antalya, Turkey.
Dr. Parvez highlighted that this funding marks significant progress for Bangladesh, achieved through the leadership of Prime Minister Tarique Rahman and his government's efforts. He emphasized that the funding underscores the government's commitment to securing Bangladesh's rights as a climate-vulnerable nation.
The allocated funds will mainly be used to benefit people in Bangladesh's coastal areas. They will support strengthening coastal protection systems, restoring mangrove forests, and improving the living standards and adaptive capacities of marginalized communities affected by climate change. Dr. Parvez also expressed optimism about Bangladesh's continued progress towards becoming a greener, safer, and more climate-resilient country under Prime Minister Tarique Rahman's leadership.