ADB Approves $182 Million Loan to Scale Up Flood and Erosion Management Along Brahmaputra in Assam
India, Feb. 9 -- The Asian Development Bank (ADB) has approved $182 million in additional financing to expand its support for strengthening Assam's resilience to chronic flooding and severe riverbank erosion along the Brahmaputra River.The funding supplements the ongoing $200 million ADB-supported Climate Resilient Brahmaputra Integrated Flood and Riverbank Erosion Risk Management Project in Assam, which was approved in October 2023. The project introduced a holistic, risk-informed approach to tackling longstanding flood and erosion problems that have contributed to rural poverty, loss of livelihoods, and recurring displacement across the state. The funding will extend integrated flood and riverbank erosion risk management measures into fou...
To read the full article or to get the complete feed from this publication, please
Contact Us.