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GoI & ADB Sign $42 Million Loan for Coastal Protection in Maharashtra

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GoI & ADB Sign  Million Loan for Coastal Protection in Maharashtra

The Government of India has signed a $42 million loan agreement with the Asian Development Bank (ADB) to enhance coastal and riverbank protection in Maharashtra. The initiative aims to strengthen the resilience of local communities and ecosystems against climate change impacts like sea-level rise and extreme weather.

The project incorporates hybrid solutions, including offshore reefs, rock protection works, and nature-based methods like beach and dune nourishment. Advanced technologies, such as remote sensing satellite imagery, will improve shoreline management and predict climate-related risks.

The initiative will address challenges faced by key industries like tourism and fisheries, which are heavily affected by coastal erosion and flooding. Additionally, it promotes the active involvement of women, youth, and vulnerable groups in coastal zone management, fostering better disaster preparedness and response.

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