ADB Approves USD 173 Million to Strengthen Climate-Resilient Irrigation in Cambodia

• 9 December 2024
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The Asian Development Bank (ADB) has approved a USD 173 million funding package to boost climate-resilient irrigation systems across Cambodia, with the aim of modernizing infrastructure and enhancing sustainable water resource management.

This significant announcement was made in a press release on 9 December 2024, underscoring Cambodia’s ongoing commitment to tackling climate change challenges.

The funding will support two major projects. The first project allocates USD 88 million in loans and grants to develop climate-resilient irrigation systems in the Battambang and Pursat River Basins, situated along the Tonle Sap River. Key objectives include strengthening the region’s resilience to climate change, mitigating flood risks, and promoting sustainable water resource management. An additional USD 4.3 million in grants will focus on building local community capacity to manage water systems effectively in the face of climate variability.

The second project, the Agricultural Irrigation Improvement Project, will receive USD 85 million in loans and will be managed by the Ministry of Water Resources and Meteorology. It aims to develop four large-scale irrigation systems across Battambang, Kampong Cham, Kampong Thom, and Takeo provinces. This initiative will ensure farmers gain access to reliable water resources while implementing best practices for climate adaptation and optimized water use.

The ADB highlighted that these initiatives will empower farmers to improve productivity through modern irrigation technologies, helping them better cope with the impacts of climate change. Furthermore, the projects are expected to reduce flood risks, boost agricultural yields, and create long-term resilience for Cambodia’s rural economy.

 

• Investment and Funding
• Road and Infrastructure