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Bangladesh Project Notice - Bangladesh Environmental Sustainability And Transformation Project


Project Notice

PNR 48878
Project Name Bangladesh Environmental Sustainability and Transformation Project
Project Detail The development objective of Environmental Sustainability and Transformation Project for Bangladesh is to strengthen the capacity of the government of Bangladesh in environmental management and to pilot new financing mechanisms to promote green investments in targeted sectors. This project has four components. 1) The first component, Environmental Governance and Infrastructure, has the following sub-components: (i) Regulatory Development; (ii) Institutional Development; (iii) Environment Fund; (iv) Environmental Infrastructure; (v) Capacity Building; and (vi) Project Management. 2) The second component, Green Financing for Air Pollution Control, has the following sub-components: (i) Green Credit Guarantee Fund; (ii) Technical Assistance; and (iii) Project Management. 3) The third component, Vehicle Emission Control, has the following sub-component: (i) Vehicle Inspection; (ii) Technical Assistance; and (iii) Project Management. 4) The fourth component, E-waste Management Infrastructure, has the following sub-components: (i) Pilot E-waste Management Infrastructure; (ii) Technical Assistance; and (iii) Project Management. To strengthen the capacity of the Government of Bangladesh in environmental management and to pilot new financing mechanisms to prom ote green investments in targeted sectors. Key Details Project Details Project ID P172817 Status Active Team Leader Ana Luisa Gomes Lima,Aileen Bolus Castro,Suiko Yoshijima Borrower 2 Peoples Republic of Bangladesh Country Bangladesh Approval Date (as of board presentation) December 1, 2022 Total Project Cost 1 US$ 483.70 million Implementing Agency Bangladesh Bank, Bangladesh Hi-Tech Park Authority, Department of Environment, Bangladesh Road Transport Authority Region South Asia Fiscal Year 3 2023 Commitment Amount US$ 250.00 million Environmental and Social Risk Substantial Last Update Date December 2, 2022 Closing Date N/A Consultant Services required Yes Last Stage Reached Bank Approved
Funded By The World Bank Group
Sector Railways
Country Bangladesh , Asia
Project Value BDT 483,700,000

Contact Information

Company Name Bangladesh Bank, Bangladesh Hi-Tech Park Authority,
Web Site https://projects.worldbank.org/en/projects-operations/project-detail/P172817

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