Mumbai (Maharashtra) [India], October 8 (ANI): The Asian Development Bank (ADB) has approved a USD 42 million loan to provide coastal and riverbank protection ecosystems in Maharashtra. As per an official statement by ADB, the approved loan will help to increase resilience of local communities and natural protection ecosystems. Also Read | Gauri Khan Birthday Special: 7 Stunning Photos That Showcase Her Chic and Exquisite Fashion Sense!.
The ADB stated that the Maharashtra Sustainable Climate-Resilient Coastal Protection and Management Project will establish coastal erosion and riverbank protection solutions such as offshore reefs, sheet piles, beach nourishment, and vegetation planting to restore and stabilize the coastline. "The project will demonstrate the benefits of adopting new engineering hybrid approaches such as offshore reefs construction and rock protection works, as well as soft nature-based solutions such as beach and dune nourishment," said ADB Water Resources Specialist Marie L'Hostis. Also Read | results.
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ADB will help build the capacity of the Maharashtra Maritime Board in shore management planning, including the establishment of a coastal infrastructure management unit. The project will support capacity building of stakeholders on gender equality and social inclusion, coastal management,.