Germany to give 52.5m euros to Bangladesh for climate change adaptation

Germany will provide Euro 52.5 million to Bangladesh for its endeavour on climate change adaption.

Economic Relations Division secretary Md Shahriar Kader Siddiky and German ambassador to Bangladesh Achim Tröster on Wednesday signed an agreement on behalf of the two governments in this regards, a German embassy press release said.

Under this agreement, the fund will be disbursed for the project Climate Change Adapted Urban Development Programme VIII.

This is the first funding after the Joint Declaration of Intent of Bangladesh – German Climate and Development Partnership, signed by the two governments in December 2024.

The project under this fund will support local government institutions to strengthen the adaptive capacity and reduce exposure of vulnerable population to climate change effects by improving the living conditions.

The funding will also help for climate-sensitive planning and implementation of infrastructure projects for climate adaptation.

The fund can also be used for replenishments and future follow-up projects of German Cooperation, said the press release.