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ADB Announces USD250 Million Loan to Improve Flood Management in Indonesia

News editor Wahyu Dwi Anggoro
06/12/2023 16:03 WIB
The Asian Development Bank (ADB) has approved a USD250 million loan to improve Indonesia’s flood management capacity.
ADB Approves USD250 Million Loan to Improve Flood Management in Indonesia. (Foto: MNC Media)
ADB Approves USD250 Million Loan to Improve Flood Management in Indonesia. (Foto: MNC Media)

The project aims to assist local governments in integrating flood risk management principles into their plans and improving the climate resilience of flood protection infrastructure. It will introduce advanced technologies and systems, satellite-based technology, hydrometeorological sensors, and flood forecasting and early warning systems to better predict and monitor flood risks. Additionally, the project will focus on empowering women by enhancing their skills to operate these systems and advocating for their active involvement in flood risk management planning.

Meanwhile, the UK–ACGF provides concessional loans to support developing member countries in Southeast Asia to transition to low-carbon and climate-resilient development pathways. The UK–ACGF is a trust fund established in March 2023 under the ACGF, a facility of the ASEAN Infrastructure Fund. (WHY)

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