Jamuna River Sustainable Management Project 1

The development objective of the First Jamuna River Sustainable Management Project for Bangladesh is to increase capacity for flood management and navigation along the Jamuna River. The project comprises of five components. The first component, flood and riverbank erosion management invest in integrated green and grey infrastructure and institutions that oversee and manage it. The second component, navigation channel development invests in fundamental steps toward establishing dynamic navigation channels of adequate depth that can accommodate large cargo vessels year-round. It consists of following sub-components: (i) hydrography and river information services (RIS); (ii) prototype structures; (iii) institutional strengthening; and (iv) preparation for the second project. The third component, financial protection of communities offers cash payments to the communities soon after payout-eligible flood events occur. It consists of following sub-components: (i) design and development of prearranged financial solutions; and (ii) institutional strengthening. The fourth component, project management will support the Bangladesh Water Development Board (BWDB), Bangladesh Inland Water Transport Authority (BIWTA), Insurance Development and Regulatory Authority (IDRA’s) Project Implementation Units (PIUs) for implementing the Project. The fifth component, contingent emergency response is a provisional zero amount component, which will allow for rapid reallocation of loan proceeds from other project components during an emergency, including climate events, under streamlined procurement and disbursement procedures.