Climate Fund: Germany to provide Bangladesh with Tk 72.4 crore

Germany will provide Bangladesh with 52.5 million euros (approximately Tk 72.4 crore) to support climate change adaptation efforts.

The German Embassy announced this information in a press release on Wednesday (April 16).

According to the release, Md. Shahriar Qader Siddiqui, Secretary of the Economic Relations Division (ERD), and Achim Tröster, German Ambassador to Bangladesh, signed an agreement on behalf of their respective governments. Under this agreement, funding will be allocated for the Climate Change Adapted Urban Development Program Project (Phase Eight).

This is the first funding since the joint declaration of intent (JDI) on the Bangladesh-Germany Climate and Development Partnership (CDP) signed by the two governments in December 2024. The fund will help strengthen adaptation capacities in local government institutions and reduce risks by improving the livelihoods of vulnerable populations affected by climate change.

The release also states that the funding will support climate-sensitive planning and the implementation of infrastructure projects for climate adaptation.

This fund can complement existing German development cooperation projects and be used for future initiatives as well.