Swedish government will provide 4.9 million SEK or approximately Tk 6.16 crore grants to Bangladesh in an effort to help improve climate resilience in the South Asian nation.
In this regard, a grant agreement was signed in Dhaka on Thursday between the governments of Bangladesh and Sweden.
The funds have been granted against the “Strengthening Capacity of MoEFCC, DoE and BFD for Natural Resource Management and Improved Climate Resilience” project, says a release of the Economic Relations Division (ERD).
The overall objective of the project is to strengthen Bangladesh’s institutional and strategic capacity tosafeguard biodiversity and natural resources by linking conservation efforts with broader climate objectives, enhancing monitoring and enforcement frameworks for Ecologically Critical Areas (ECAs), and preparing for the establishment of a dedicated wildlife trust fund to ensure sustainable financing.
The implementation period spans from July 2025 to December 2026.
The agreement was signed by AKM Shahabuddin, Secretary (in charge), Economic Relations Division, Ministry of Finance and Maria Stridsman, Charge d’ Affaires and Head of Development Cooperation, Embassy of Sweden in Dhaka, on behalf of each Government.
Besides, high officials of Economic Relations Division, the Ministry of Environment, Forest and Climate Change and the Embassy of Sweden in Dhaka were present in the signing ceremony.