Government Inks Agreement with IOM for $581,010 Grant

Economic Tag: Foreign Aid

The Economic Relations Division (ERD) has signed a grant agreement worth $581,010 with the International Organization for Migration (IOM) to address climate-related displacements in Bangladesh. Titled ‘Pilot Assessment and Interventions to Avert, Minimize Displacement in Climate Stressed Districts of Bangladesh,’ the agreement aims to support activities by the Ministry of Disaster Management and Relief. The project’s objective is to tackle displacement issues through policy support, data, planning, capacity building, and community-based mechanisms. These interventions align with the country’s Five-Year Plan and Sustainable Development Goals (SDGs) regarding labor issues.

Source for more details:

Related News

Japan Grants 500M Yen for Primary Education

December 21, 2024

Japan will provide 500 million yen (approximately Tk 386.30 million) as a grant for Bangladesh's "Fourth Primary Education Development Programme" (PEDP-4). The agreement was signed by the Economic Relations Division (ERD) with Japan International Cooperation Agency (JICA), with Japanese Ambassador IWAMA Kiminori and JICA's Chief Representative ICHIGUCHI Tomohide representing Japan.

Japan Grants $3.2M to Assist Rohingya Community via IOM

December 12, 2024

Japan has provided $3.2 million to the International Organization for Migration (IOM) to improve the living conditions of Rohingya refugees and host communities in Cox's Bazar and Bhasan Char. The funds will be used for disaster risk reduction, shelter construction and renovation, protection, and skills development.

Switzerland and UNFPA Fund $2.2M for Rohingya Refugees

December 4, 2024

Switzerland has teamed up with the United Nations Population Fund (UNFPA) to provide over $2.2 million for adolescents, youth, women, and girls in Rohingya refugee camps and marginalized host communities in Cox's Bazar and Bhasan Char.

Russia Donates 30,000 Tonnes of Potash Fertiliser

November 24, 2024

Russia has announced the donation of 30,000 metric tonnes of Muriate of Potash (MoP) fertilizer to Bangladesh as a gesture of friendship and cooperation. The CEO of Russia's second-largest ammonia and nitrogen fertilizer company, Uralchem, conveyed this decision in a letter to the Agriculture Ministry.

Rohingya Relief Project Receives Additional TK 99 Crore Funding

November 24, 2024

The second amendment to a project for displaced Rohingya people is set for approval at the ECNEC meeting on November 25, according to the Planning Commission. Funded by the World Bank, the project focuses on engaging vulnerable youth and women in productive work within refugee camps to enhance basic services, social stability, and awareness. The project, which began with an agreement in 2018, has received total funding of 595 crore BDT.

USAID Pledges $15M for Climate Resilience in Bangladesh

October 27, 2024

USAID will provide a $15 million grant for the ClimAct Project in Bangladesh, aimed at supporting the country's green and climate-resilient initiatives. The project will assist the Ministry of Environment in implementing the National Adaptation Plan and Nationally Determined Contributions, focusing on policy and planning, accessing finance, and governance of climate actions.

Related News

Japan Grants 500M Yen for Primary Education

December 21, 2024

Japan will provide 500 million yen (approximately Tk 386.30 million) as a grant for Bangladesh's "Fourth Primary Education Development Programme" (PEDP-4). The agreement was signed by the Economic Relations Division (ERD) with Japan International Cooperation Agency (JICA), with Japanese Ambassador IWAMA Kiminori and JICA's Chief Representative ICHIGUCHI Tomohide representing Japan.

Japan Grants $3.2M to Assist Rohingya Community via IOM

December 12, 2024

Japan has provided $3.2 million to the International Organization for Migration (IOM) to improve the living conditions of Rohingya refugees and host communities in Cox's Bazar and Bhasan Char. The funds will be used for disaster risk reduction, shelter construction and renovation, protection, and skills development.

Switzerland and UNFPA Fund $2.2M for Rohingya Refugees

December 4, 2024

Switzerland has teamed up with the United Nations Population Fund (UNFPA) to provide over $2.2 million for adolescents, youth, women, and girls in Rohingya refugee camps and marginalized host communities in Cox's Bazar and Bhasan Char.

Russia Donates 30,000 Tonnes of Potash Fertiliser

November 24, 2024

Russia has announced the donation of 30,000 metric tonnes of Muriate of Potash (MoP) fertilizer to Bangladesh as a gesture of friendship and cooperation. The CEO of Russia's second-largest ammonia and nitrogen fertilizer company, Uralchem, conveyed this decision in a letter to the Agriculture Ministry.

Rohingya Relief Project Receives Additional TK 99 Crore Funding

November 24, 2024

The second amendment to a project for displaced Rohingya people is set for approval at the ECNEC meeting on November 25, according to the Planning Commission. Funded by the World Bank, the project focuses on engaging vulnerable youth and women in productive work within refugee camps to enhance basic services, social stability, and awareness. The project, which began with an agreement in 2018, has received total funding of 595 crore BDT.

USAID Pledges $15M for Climate Resilience in Bangladesh

October 27, 2024

USAID will provide a $15 million grant for the ClimAct Project in Bangladesh, aimed at supporting the country's green and climate-resilient initiatives. The project will assist the Ministry of Environment in implementing the National Adaptation Plan and Nationally Determined Contributions, focusing on policy and planning, accessing finance, and governance of climate actions.

BUSINESSMONITOR

Connect with


Dont Have Account? Please register Here