India, Feb. 10 -- NEW DELHI - The Asian Development Bank (ADB) has approved $182 million in additional financing to expand its support for strengthening Assam's resilience to chronic flooding and severe riverbank erosion along the Brahmaputra River.
The funding supplements the ongoing $200 million ADB-supported Climate Resilient Brahmaputra Integrated Flood and Riverbank Erosion Risk Management Project in Assam, which was approved in October 2023. The project introduced a holistic, risk-informed approach to tackling longstanding flood and erosion problems that have contributed to rural poverty, loss of livelihoods, and recurring displacement across the state.
"This additional financing will help Assam advance its goals of becoming a disas...