Bangladesh will receive a USD 250 million loan from the World Bank for environmental management.

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Bangladesh: Bangladesh will get funding of USD 250 million from the World Bank to improve environmental management and encourage private sector involvement in green investments. Over 21 million people who live in Greater Dhaka and surrounding areas would benefit from the successful execution of the Bangladesh Environmental Sustainability and Transformation (BEST) Project, which will assist the nation in addressing major pollution challenges.

Four vehicle inspection centres will be built as part of the project employing a private-public partnership model to inspect roughly 46,000 vehicles a year. 3,500 metric tonnes of electronic garbage will be processed annually at an e-waste management plant that will be built. Over 1 million metric tonnes of GreenHouse Gas emissions from specific sources will be reduced as a result of the project.

In addition, the project would establish the first-ever network of 22 continuous surface water quality monitoring stations to begin real-time river water quality monitoring in Dhaka and other targeted international rivers. To verify that chosen industrial effluent treatment plants comply with environmental regulations, it will also set up continuous water quality monitoring stations.