Japan to provide Tk 75cr as grant

Japan-climate change /18-02-10
Japan to provide
Tk 75cr as grant
Anis Alamgir
Japan will provide Bangladesh with nearly Tk 75 crore (1.5 billion yen) as grant to face natural disasters caused by climate change in the country’s coastal areas.
The money won’t be used on military purposes, an official of the Japanese embassy told The Independent, adding that such a condition set by Japan is a normal phenomenon.
Bangladesh had accepted the offer and assured that the grant won’t be used on military purposes.
The official also said that the government of Bangladesh had already informed the Japanese government of its eagerness to accept the grant. “The process is nearing completion”.
“Japan will provide the grant to fight climate change with special emphasis on the adaptation to and mitigation of climate change as well as on the improvement of access to clean energy,” he added.
According to a finance ministry source, Japan had sent a draft note for final approval after getting consent from the government of Bangladesh.
“It asked the government to give final consent by February 28 as Tokyo can provide the grant to Dhaka by next month,” the official added.
Under the project, Bangladesh will provide electricity, water and drainage facilities as well as other utility services. Japan set some other conditions for the use of the grant.
The official said that the government should give due importance on environment and social issues in implementation of the project.