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11,000 farmers will be given the authority to implement environmentally friendly agricultural processes



Bangladesh

Standard Chartered Bangladesh has partnered with Thengamara Mohila Sabuj Sangha (TMSS) to facilitate 11,000 farmers to adopt polyhouse farming in Bogura, Joypurhat, Sirajganj, Natore, Pabna and Rajshahi. This initiative aims to introduce an environmentally friendly agricultural practice that allows cultivation all year round, regardless of external conditions. The collaboration will provide resources for the development and training of polyhouses to improve crop yields and quality, thereby promoting income generation.

In addition, the partnership includes the distribution of watermelon and other vegetable seeds to beneficiaries to support farm gardening. Efforts are also being made to set up vermicompost production centers to reduce dependence on chemical fertilizers, with the Bank having committed over Tk27 million ($230,000) to implement the project. This initiative aims to address challenges such as the lack of quality seeds, water scarcity and the overuse of fertilizers and pesticides, which are significantly affecting the agricultural sector in Bangladesh.

The aim of the project is to establish polyhouse agricultural structures for the cultivation of high-quality fruits and vegetables, helping farmers overcome climate challenges and economic insecurity. Naser Ezaz Bijoy, Chief Executive Officer of Standard Chartered Bangladesh, highlighted the economic benefits of investing in adaptation projects in Bangladesh, with a focus on sustainable agricultural practices and improved water infrastructure. Professor Dr. Hosne-Ara Begum, founder of TMSS, emphasized the project’s aim to improve high-quality arable farming in drought-prone areas through modern agricultural methods, thereby improving the economic conditions of farmers.

Source: bssnews.net

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