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Promoting Resilience of Vulnerable through Access to Infrastructure, Improved Skills and Information

In Bangladesh, despite recent economic growth, high levels of poverty persist in rural areas. The country's farmers make up 47 per cent of the work force and face a range of major challenges. These include annual floods, climate change, sand casting, river erosion, poor levels of rural infrastructure, low agricultural intensity and productivity, inadequate non-farm investments, limited livelihood options and restricted access to social services. PROVATI³ aims to address these issues by:

  • improving and up-grading rural infrastructure, especially roads, markets and shelters
  • enhancing poor peoples' ability to generate income and gain durable employment
  • increasing precision and access to flood information at the community level

Improving the resilience of the population in a flood-prone and extremely poor area is the central theme. The increased resilience will result from better physical infrastructure, more diverse income streams for rural households and better decision making based on sound flood information. In addition, the project’s strategy will be to collaborate with other agencies, NGOs, microfinance institutions (MFIs) and the private sector.

PROVATI³ will be implemented in six districts and will cover 303,000 households (approximately 45 per cent of the total population). Furthermore, the proposed infrastructure improvements and flood information system will benefit the overall population of the project areas.

 

Status: Ongoing

Country

Bangladesh

Approval Date

11 December 2017

Duration

2017 - 2024

Sector

Rural Development

Total Project Cost

US$ 92.37 million

IFAD Financing

US$ 64.5 million

Co-financiers (Domestic)

National Government US$ 27.87 million

Financing terms

Highly Concessional

Project ID

2000001465

Project Contact

Omer Aslam Zafar


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