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ADB lends 400 mln USD to support climate priorities in Bangladesh

DHAKA, Dec. 9 (Xinhua) — The Asian Development Bank (ADB) on Friday approved a 400 million U.S. dollars policy-based loan to support the government of Bangladesh in implementing its National Adaptation Plan (2023-2050) and 2021 Update of the Nationally Determined Contributions to the Paris Agreement, to achieve a climate-focused inclusive development.

This loan is the first subprogram of the indicative 700-mill