Monday, January 18, 2016

World Bank approved financing for the first phase of the Climate Resilience Program in Central Asia

WB's Board of Executive Directors recently approved an allocation of US$38 million from the International Development Association to finance the first phase of the Climate Adaptation and Mitigation Program for Aral Sea Basin (CAMP4ASB). The program includes US$9 million for Tajikistan, US$14 million for Uzbekistan, and US$15 million for regional  activities.
It will strengthen the knowledge and information base on climate change risks and provide financing and technical assistance to rural communities for climate-smart investments in sectoral areas considered as priorities in the Central Asian countries. According to the World Bank , Central Asia is likely to experience more intense warming than the global average. Read more at http://www.worldbank.org/