The World Bank has approved projects worth $300m for the Sindh Resilience Project and the Solid Waste Emergency and Efficiency Project.
The financing has been approved by the World Bank’s Board of Executive Directors. These investments will bolster Pakistan’s efforts to build resilience to natural hazards such as floods and droughts in the Sindh province. It will also help in the efficient management of Solid waste in the metropolitan city.
Solid Waste Emergency and Efficiency Project (SWEEP) worth US$100 million will be financed by the International Bank for Reconstruction and Development. Najy Benhassine, World Bank country director for Pakistan said that Building resilience to natural disasters and health emergencies will help save lives and protect the economy,”
Further financing worth US$200 million will be provided for Sindh Resilience Project. This project will help the government manage climate and disaster risks, including floods, droughts, and public health emergencies.
