Asian Development Bank (ADB) approves funds for the Sindh Coastal Resilience Project

October 30, 2023
0 Comments
ADB Funds Approval News

Asian Development Bank (ADB) approves funds for the Sindh Coastal Resilience Project

Karachi: According to news published in the leading daily on October 25, the Asian Development Bank (ADB) has provided a USD 2 million technical assistance package for developing the Sindh Coastal Resilience Sector Project.

This effort aims to fortify Sindh’s coastline region, concentrating on the districts of Thatta, Sujawal, and Badin. These locations have suffered from environmental degradation, which has resulted in problems such as land subsidence, flooding, erosion, and saline intrusion. With climate change threatening to exacerbate these concerns, as well as high poverty rates, poor education, literacy levels, and restricted access to essential utilities, there is an urgent need for a holistic risk mitigation approach incorporating nature-based solutions.

  1. Furthermore, the technical assistance supplied will aid the government in preparing the project, which will consist of two primary components:
  2. The development of a comprehensive framework for coastal resilience with priority investments
  3. The project’s preparation with a higher level of readiness

This project is consistent with ADB operating priorities, such as expanding gender equality, mitigating climate change, improving climate and disaster resilience, and supporting rural development and food security.

Leave a Comment