Kolkata Municipal Corporation (KMC) launched a Flood Forecasting and Early Warning System (FFEWS) for Kolkata City. It is also India’s first comprehensive city-level FFEWS. It will reduce economic loss and impacts on livelihood and improve flood awareness and safety at the community level.
The Asian Development Bank (ADB) funded the design and implementation of the FFEWS through a $1 million technical assistance to KMC from its Urban Climate Change Resilience Trust Fund under the Urban Financing Partnership Facility.
Source- Press Information Bureau (PIB)
Static/Current Takeaways Important for Indian Bank PO Exam 2018-
- The Asian Development Bank is a regional development Bank established in 1966.
- Headquarters of ADB is in Manila, Philippines.
- Takehiko Nakao is Present President of the Asian Development Bank.