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Published : 14 Dec 2025, 12:15 AM
The International Fund for Agricultural Development (IFAD) has approved $51.4 million to finance a project in Bangladesh, aiming to build climate resilience, strengthen food security, and promote rural entrepreneurship.
A media statement issued by specialised agency of the United Nations said the allocation accounts for a fourth of the overall budget of the project that promises to support smallholder farmers, rural microenterprises, and young entrepreneurs.
The project titled “Growth for Climate Resilient and Environmental Entrepreneurship and Nutrition”, or GREEN, has an overall budget of $211.7 million.
It project is expected to benefit 1.1 million people living in some of the country’s most climate-vulnerable regions such as haor wetlands, coastal belt, high barind, and river char regions, the statement said.
“The GREEN project builds on the long-standing partnership between IFAD and the government of Bangladesh, and our close collaboration with PKSF, to enhance rural livelihoods and expand income opportunities for small producers through inclusive, climate-aware financing and environmentally responsible growth,” it quoted IFAD Country Director for Bangladesh Valantine Achancho as saying.
The IFAD allocation was approved in its 146th executive board meeting held between Dec 9 and 10.
The project covers the period from 2026 to 2031 and will be implemented by Palli Karma Sahayak Foundation (PKSF).
