Green Climate Fund approves $25.3 million for climate-resilient agriculture in Bhutan

The Green Climate Fund (GCF) has approved $25.3 million in support of Bhutan’s efforts to prepare and adapt to climate change and ensuring Bhutan is heading towards low carbon and climate-resilient development. “As a mountainous agricultural country, climate change is proving extremely disruptive and expensive for Bhutan. Flooding and landslides during monsoon have caused extensive damages to vital infrastructure like roads, access to market, and rural livelihoods. Conversely, during the dry season, there has been an increasing pressure on drinking and irrigation water” said Mr. Thinley Namgyel, Secretary of the Gross National Happiness Commission and GCF National Designated Authority in Bhutan. He added the financing support has come at the right time in helping to bridge the resource gap of the 12th plan and addressing climate change issues, particularly in the agriculture sector.

Wednesday 10 July 2019