Libya seeks Islamic Development Bank funding for water and farm projects
Libyan ministers held talks with the bank's director general at the COP31 climate conference in Antalya, Turkey, on financing environmental, farming and water projects.
A Libyan government delegation met the Director General of the Islamic Development Bank at the COP31 climate conference in Antalya, Turkey, to discuss how to finance and carry out projects in the environmental, agricultural and water resource sectors. The stated aim is to strengthen food and water security in Libya.
The Ministers of Agriculture and Water Resources attended, along with an adviser from the Ministry of Environment and the Director General of the Government Communication Centre. Both sides reviewed Libya's sector priorities and the funding and technical support the proposed projects require.
The meeting also covered stronger partnerships with international institutions and faster implementation of national environment and climate strategies, including projects linked to sustainable development.
Why it mattersFarmers and water users would benefit if the proposed projects secure the funding and technical support Libya has asked the bank for.