World Bank Supports Bangladesh with $1.16 Billion for Health, Water, and Climate Resilience
World Bank's $1.16 Billion Support for Bangladesh
The World Bank has approved $1.16 billion to aid Bangladesh in enhancing health services, water and sanitation, and climate-resilient development. This initiative aims to address climate change vulnerabilities and pollution challenges in Bangladesh.
Green and Climate Resilient Development
A $500 million credit will support Bangladesh's transition to green and climate-resilient development. It includes policy reforms for better public planning, reducing air pollution, and improving environmental enforcement.
Health, Nutrition, and Population Sector Development
The $379 million program will enhance health services in Sylhet and Chattogram, benefiting 5.1 million people. It focuses on reducing maternal and neonatal mortality and strengthening health systems.
Chattogram Water Supply Improvement
A $280 million project will provide safe water to over one million people in Chattogram, improving sanitation and reducing water losses.
The World Bank has been a key partner for Bangladesh since its independence, committing over $45 billion to support its development.
Doubts Revealed
World Bank
The World Bank is an international organization that provides financial and technical help to countries around the world to reduce poverty and support development. It gives loans and grants to help countries improve their economies and the lives of their people.
$1.16 Billion
$1.16 billion is a huge amount of money, equal to 1160 crore rupees. This money is being given to Bangladesh to help improve health, water, and climate resilience.
Climate Resilience
Climate resilience means being able to handle and recover from the effects of climate change, like floods or droughts. It involves making sure that communities and environments can adapt to these changes and stay strong.
Green Development
Green development is a way of building and growing that is good for the environment. It focuses on using resources wisely and reducing pollution to protect nature and help fight climate change.
Sylhet and Chattogram
Sylhet and Chattogram are two important regions in Bangladesh. Sylhet is known for its tea gardens and natural beauty, while Chattogram is a major port city and commercial hub.
Bangladesh Independence
Bangladesh gained independence from Pakistan in 1971 after a war of liberation. Since then, it has been working to develop its economy and improve the lives of its people.
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