News Flash
DHAKA, Feb 4, 2025 (BSS) - Standard Chartered Bangladesh, in partnership with
BRAC, has successfully completed two agricultural initiatives aimed at
uplifting farmers in Sunamganj, Habiganj haor areas and the Barind region,
helping them mitigate the adverse effects of climate change in flood and
drought-prone areas.
In addition, through second initiative has been completed to improve the
livelihoods of 560 fishermen in the Sundarbans, said a press release.
Supporting farmers in climate-vulnerable regions under the first initiative,
Standard Chartered and BRAC provided farmers with resilient seed inputs, 353
types of essential agricultural technologies, post-harvest storage solutions,
and training opportunities. The project also advanced sustainable
agricultural mechanisation by introducing modern equipment and techniques,
improving efficiency and productivity.
To further protect lives and livelihoods in haor regions, 34,825 palm trees
were planted to reduce lightning-related fatalities-an increasingly common
threat due to erratic weather patterns.
In the Barind region, 28 solar-powered irrigation pumps were installed,
lowering irrigation costs and creating additional income opportunities
through water trading.
This comprehensive intervention addressed key phases of the agricultural
cycle, equipping farmers with the knowledge and tools needed to enhance
sustainability and food security.
The second initiative focused on strengthening the livelihoods of small-scale
fishermen by providing essential equipment, including boats and nets. With
limited access to their own tools, many fishermen struggle to sustain their
trade.
By equipping 560 fishermen with resources tailored to their needs, the
initiative is enabling them to take control of their economic futures.
Two types of boats--large engine-powered vessels and smaller boats-- were
distributed to accommodate different fishing needs. A total of 10 large boats
and nets were provided to support deep-sea fishing, particularly for Hilsa,
while 56 small boats and nets were allocated for catching white fish within
the mangrove forest area.
Bitopi Das Chowdhury, head of Corporate Affairs and Brand & Marketing of
Standard Chartered Bangladesh, said, "Farmers and fishermen are at the heart
of Bangladesh's economy, yet their livelihoods are among the most vulnerable
to climate change. By equipping them with the right tools, knowledge, and
sustainable solutions, we can help them not just survive, but thrive. Through
our partnership with BRAC, we are championing resilience, modernisation, and
financial inclusion-ensuring that those who feed the nation have the
resources they need to build a stronger, more sustainable future."