Bangladesh Strategic Flood Resilience Program Phase 1 (WB-P517814)

Countries
  • Bangladesh
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
A
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Mar 29, 2027
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
People's Republic of Bangladesh
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Climate and Environment
  • Infrastructure
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Loan Amount (USD)
$ 400.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 400.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ WB website

Updated in EWS Nov 4, 2026

Disclosed by Bank Oct 8, 2026

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the World Bank Disclosure statement, the proposed Bangladesh Strategic Flood Resilience Program Phase 1 (Flood MPA 1) is the first phase of a ten-year, three-phase, US$1.2 billion Multiphase Programmatic Approach (MPA) designed to help Bangladesh transform how it manages flood risk.Floods are an enduring feature of Bangladesh's geography and will continue to shape its development trajectory. A central challenge is therefore not to eliminate floods, but to ensure that economic growth, investment, job creation, and poverty reduction can continue despite them, such that people, businesses, infrastructure systems, and public institutions remain functional, productive, and resilient even when floods occur.The Program responds to this challenge through three mutually reinforcing pillars: institutional resilience, physical resilience, and financial resilience. Institutional resilience forms the foundation. The Program will strengthen coordination across agencies, introduce a digital asset management system and georeferenced asset registry, and link infrastructure assets to sustainable operation and maintenance financing. It will also strengthen community stewardship through Water Management Organizations, ensuring that local institutions play an active role in managing and sustaining resilience investments.Physical resilience builds upon this institutional platform. The Program will strengthen flood protection infrastructure through rehabilitation of embankments, hydraulic structures, bank and slope protection works, advanced flood management systems, and hybrid and nature-based solutions. Importantly, flood protection investments will be integrated with resilient local infrastructure, including roads, bridges, growth centers, shelters, and emergency preparedness systems. This integrated approach recognizes that resilience is not simply about keeping water out; it is about ensuring that communities remain connected, safe, and economically productive during and after flood events.Financial resilience underpins the sustainability of the system. 

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
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Team leader

Swarna Kazi

Email: skazi1@worldbank.org

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ACCOUNTABILITY MECHANISM OF THE WORLD BANK

The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. Information on how to file a complaint and a complaint request form are available at: https://www.inspectionpanel.org/how-to-file-complaint

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