Chittagong Friday, 23 October 2026
Chittagong Friday, 23 October 2026
Headline
National Desk : | ০৭:২৩ পিএম, ২০২৫-০৪-১৭
News desk : The project funded by this initiative will support local government institutions in strengthening adaptive capacity
Bangladesh and Germany on Wednesday signed a financial agreement on development cooperation.
Under this agreement Germany will finance €52.5 million or approximately Tk724 crore for the project "Climate Change Adapted Urban Development Programme VIII."
Md Shahriar Kader Siddiky, secretary, Economic Relations Division (ERD), Ministry of Finance of Bangladesh and Achim Tröster, ambassador of the Federal Republic of Germany to Bangladesh, signed the agreement on behalf of the two governments.
This is the first funding after the Joint Declaration of Intent (JDI) of Bangladesh – German Climate and Development Partnership (CDP), signed by the two governments in December 2024.
The project funded by this initiative will support local government institutions in strengthening adaptive capacity and reducing the exposure of vulnerable populations to the effects of climate change.
This will be achieved by improving living conditions and promoting climate-sensitive planning and implementation of infrastructure projects aimed at climate adaptation.
According to the German Embassy in Dhaka, the fund may also be used for replenishments and future follow-up projects under German cooperation.
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