ADB and India sign $251 million loan for Integrated Urban Flood Management in Chennai

The Government of India and Asian Development Bank (ADB) have signed $251-million loan for climate-resilient, integrated urban flood protection and management in the Chennai–Kosasthalaiyar basin to strengthen the resilience of Chennai city to floods.
Building disaster-resilient infrastructure will help residents of Chennai–Kosasthalaiyar basin to cope with intensifying rainfall, a higher sea level rise, and a storm surge caused by cyclones, and protect lives, economy, and the environment.

Source: ADB