Coastal protection in Maharashtra gets ADB's $42 million loan nod
ECONOMY & POLICY

Coastal protection in Maharashtra gets ADB's $42 million loan nod

The Asian Development Bank (ADB) has approved a USD 42 million loan to provide coastal and riverbank protection ecosystems in Maharashtra to increase resilience of natural protection ecosystems. ADB said the Maharashtra Sustainable Climate-Resilient Coastal Protection and Management Project will ...

The Asian Development Bank (ADB) has approved a USD 42 million loan to provide coastal and riverbank protection ecosystems in Maharashtra to increase resilience of natural protection ecosystems. ADB said the Maharashtra Sustainable Climate-Resilient Coastal Protection and Management Project will establish coastal erosion and riverbank protection solutions such as offshore reefs, sheet piles, beach nourishment, and vegetation planting to restore and stabilise the coastline. The project will adopt new engineering hybrid approaches.Contact: Asian Development BankWebsite: www.adb.org

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