Tajikistan will Benefit from a $30 Million ADB Grant to Strengthen its Resilience to Climate Change

Published on:
by KnowESG
tinywow tinywow shutterstock 1484224943-779x450 8916148 8916176

The Asian Development Bank (ADB) has given Tajikistan a grant of $30 million to help improve disaster risk management and cut down on economic losses caused by climate change and natural disasters.

“Tajikistan is highly vulnerable to climate change, with more than 400 climate-induced incidents per year, such as floods, avalanches, and others, which severely affect people and the economy,” said ADB Director General for Central and West Asia Yevgeniy Zhukov. "The ADB grant will make the country more prepared for disasters and better able to respond to them. It will also make the country more resistant to climate change."

The project is in addition to a 10-million-dollar grant that the bank approved in 2018 to help the Tajikistan government plan for development in a way that takes disaster risk management into account. It will help the Committee of Emergency Situations and Civil Defence, the project's implementing agency, better manage natural disasters. The grant will also improve tools for predicting weather and disasters and set up an extra early warning system.

“Natural disasters disrupt livelihoods and displace people from their homes,” said ADB Natural Resources and Agriculture Economist Matthias Leitner. "ADB's project will help build homes that can withstand disasters, build up the skills of local people and officials, and improve facilities for responding to disasters in the Khatlon region."

The disaster-proof housing will be able to withstand the weather and have a steady supply of water and electricity, as well as facilities for women, children, and people with disabilities.

The project will also improve social infrastructure like access roads, bridges, power transmission lines, schools, and health care centres in nearby villages. Local communities and people who have been relocated will get training in skills such as agricultural innovation, crop production, and negotiation to boost their income and make their communities stronger.

For more sustainable finance news

Source: ADB

Share:
esg
esg
esg
esg