The ADB grants Pakistan a $500 million loan for climate change resilience and disaster risk management.

The Asian Development Bank (ADB) has granted Pakistan a $500 million loan to enhance climate change resilience and disaster risk management through the Climate and Disaster Resilience Enhancement Program (CDREP). This initiative aims to improve disaster preparedness, increase investment in resilience, and expand disaster financing. Additionally, a $1 million technical assistance grant was approved to support the program's implementation and mobilize climate finance.

October 29, 2024
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