UNB, Dhaka :
European Union (EU) EU Ambassador in Dhaka Pierre Mayaudon on Monday said timely investment in low-carbon and climate resilient development can generate jobs and growth in Bangladesh.
“The EU will continue supporting these efforts through transfer of technical and financial assistance as part of a joint response on mitigation and adaptation,” he said announcing a new project to build resilience to climate change and related disasters in the most vulnerable communities of Bangladesh.
The EU will support resilience building at community level in Bangladesh, through the Global Climate Change Alliance+ Flagship Initiative (GCCA+) and with grants of €8 million (Tk 68 crore).
The EU envoy said the poorest and marginalised people of vulnerable areas of Bangladesh suffer the most the effect of climate change.
“The European Union acknowledges the efforts of all stakeholders in the country to adapt to climate change and reduce the impact of disasters,” he said adding that Bangladesh is rapidly growing and just became a lower middle-income country.
Starting early 2016, a new four-year project will be implemented by the Ministry of Local Government, Rural Development and Cooperatives, the United Nations Development Programme (UNDP) and the UN Capital Development Fund (UNCDF).
The community-based adaptation actions will be financed through grants to local government, and grants to local civil society organisations.
Both will be allocated against performance criteria. The action will directly benefit 200,000 households in the hard-to-reach areas of Bangladesh.
European Union (EU) EU Ambassador in Dhaka Pierre Mayaudon on Monday said timely investment in low-carbon and climate resilient development can generate jobs and growth in Bangladesh.
“The EU will continue supporting these efforts through transfer of technical and financial assistance as part of a joint response on mitigation and adaptation,” he said announcing a new project to build resilience to climate change and related disasters in the most vulnerable communities of Bangladesh.
The EU will support resilience building at community level in Bangladesh, through the Global Climate Change Alliance+ Flagship Initiative (GCCA+) and with grants of €8 million (Tk 68 crore).
The EU envoy said the poorest and marginalised people of vulnerable areas of Bangladesh suffer the most the effect of climate change.
“The European Union acknowledges the efforts of all stakeholders in the country to adapt to climate change and reduce the impact of disasters,” he said adding that Bangladesh is rapidly growing and just became a lower middle-income country.
Starting early 2016, a new four-year project will be implemented by the Ministry of Local Government, Rural Development and Cooperatives, the United Nations Development Programme (UNDP) and the UN Capital Development Fund (UNCDF).
The community-based adaptation actions will be financed through grants to local government, and grants to local civil society organisations.
Both will be allocated against performance criteria. The action will directly benefit 200,000 households in the hard-to-reach areas of Bangladesh.
