INTEGRATED URBAN FLOOD MANAGEMENT IN CHENNAI

Oct. 29, 2021

The Government of India and the Asian Development Bank (ADB) signed a $251 million loan for climate-resilient, integrated urban flood protection and management in the Chennai-Kosasthalaiyar basin to strengthen resilience of Chennai city to floods.

About:

Ministry of Finance, India signed the agreement for the Integrated Urban Flood Management for the Chennai-Kosasthalaiyar River Basin Project, while Shri Takeo Konishi, Country Director of ADB’s India Resident Mission signed for ADB.
The project interventions will help reduce the vulnerability of Chennai–Kosasthalaiyar basin residents to frequent floods, which have in recent years destroyed property and livelihoods.

Source : PIB

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