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2007-03-14
Bangladesh needs to spend US$8 billion on the environment in the next 20 years, particularly in the capital, to sustain economic growth and help reduce poverty, a World Bank report said. Environmental factors account for as much as 22 percent of disease nationally, principally respiratory infections and diarrhoeal disease in which air and water pollution are largely to blame.

Residents of Dhaka, which produce a fifth of the country's economic activity, are at particular risk. The capital faces the triple threat of air pollution, inadequate solid-waste management, and contamination of surface water, the World Bank report said. "Economic growth is vital in order to reduce poverty, but it has to be achieved in a sustainable way," the report quoted Zhu Xian, the World Bank's country director, as saying.

"Environmental degradation threatens the health and livelihood of millions of Bangladeshis, especially the poor. Such damage has a human and economic cost that seriously hampers this country's development." The report said three elements of environmental degradation required priority attention; indoor and urban air pollution, falling water quality in Dhaka, and the decline of fisheries.

These three issues produce the equivalent of more than 2.7 per cent of gross domestic product in economic losses, the report said. The World Bank said Dhaka's population will swell to 21 million by the end of 2015, from 12 million now, to become the largest mega city in the world. The economic cost of poor management of water resources in Dhaka is estimated at US$670 million annually, the report added.

"Bangladesh must address key environmental concerns such as air and water pollution and the decline in fisheries, if it is to protect the health and livelihoods of its citizens and achieve sustainable economic growth," the report, seen by Reuters on Monday, said. The environmental damage highlighted in the report accounted for economic losses equivalent to more than 4.0 percent of Bangladesh's gross domestic product. (US$1 = 69.00 taka)
(Planet Ark, 13/03/2007)

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