ADB grants Pakistan a $500 million loan to boost climate change and disaster resilience.

The Asian Development Bank (ADB) has granted Pakistan a $500 million loan to enhance the country's resilience to climate change and disasters. The loan supports the Climate and Disaster Resilience Enhancement Program, which aims to improve Pakistan's institutional capabilities for handling climate and disaster risks, promote inclusive investments, and introduce new financing models. ADB also provided an additional $1 million to help implement the program.

November 18, 2024
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