Dhaka, Dec. 13 -- The Executive Board of the International Fund for Agricultural Development (IFAD) has approved $51.4 million in financing as IFAD's contribution to the US$211.7 million project in Bangladesh.

This new investment will enhance climate resilience, strengthen food security, and promote rural entrepreneurship for approximately 1.1 million people living in some of the country's most climate-vulnerable regions.

The approval came during its 146th session held on December 9-10, IFAD said on Saturday.

The Growth for Climate Resilient and Environmental Entrepreneurship and Nutrition (GREEN) project will be implemented over six years, from 2026 to 2031, in the Haor wetlands, Coastal Belt, High Barind, and River Char regions.

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