Dhaka, Nov. 12 -- Bangladesh has been selected as one of five countries for the first phase of a new climate resilience investment programme of the Climate Investment Funds (CIF), aimed at scaling up climate adaptation projects and mobilising financing.

The other selected countries are Haiti, Kyrgyz Republic, Morocco and Sierra Leone, alongside a regional programme involving Malawi and Mozambique, according to a CIF press release issued on Thursday.

Under the Accelerating Resilience Investments and Innovations for Sustainable Economies (ARISE) programme, each selected country can prepare an investment plan seeking up to US$30 million in financing, while the regional programme can seek up to US$40 million.

The selection followed a proce...