ADB Approves $42 Million Loan for Coastal Protection in Maharashtra

The Asian Development Bank (ADB) has approved a $42 million loan to support coastal and riverbank protection in Maharashtra. The Maharashtra Sustainable Climate-Resilient Coastal Protection and Management Project aims to tackle coastal erosion by implementing solutions like offshore reefs, sheet piles, beach nourishment, and vegetation planting. These measures will help restore and stabilize the coastline, enhancing resilience against climate impacts.