ADB Approves $21.95M for Maldives Climate & Food Security

ADB Approves $21.95M for Maldives Climate Resilience and Food Security

ADB's $21.95M funding will support climate resilience, food security, and disaster preparedness initiatives in the Maldives.

Neelima N M

Published on 12th November 2024

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The Asian Development Bank (ADB) approved a financing package of $21.95 million to strengthen the Maldives’ ability to tackle climate change and promote the long-term sustainability of its food systems. 

The funding includes a $4 million concessional loan and a $17.95 million grant for ADB’s vulnerable member nations.

ADB Approves $21.95M for Maldives Climate Resilience and Food Security

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