A Loan Agreement for IBRD loan of USD 48 million for the “Meghalaya Community - Led Landscapes Management Project (MCLLMP)” was signed here today with the World Bank. The Loan Agreement was signed by Mr. Sameer Kumar Khare, Joint Secretary (MI), Department of Economic Affairs on behalf of the Government of India and Mr. Hisham A Abdo Kahin, Acting Country Director, World Bank (India) on behalf of the World Bank. A Project Agreement was also signed by Mr. P. Sampath Kumar, Commissioner & Secretary to the Government of Meghalaya & CEO, Meghalaya Basin Development Authority (MBDA) and Mr. Hisham A Abdo Kahin, Acting Country Director, World Bank (India).

The Objective of the Project is to strengthen community-led landscapes management in selected landscapes in the State of Meghalaya. The Project consists of three components: (i) Strengthening Knowledge and Capacity for Natural Resource Management; (ii) Community-led landscape planning and implementation and (iii) Project Management and Governance.

The closing date of the Project is 30th June, 2023.

Meghalaya’s natural resource such as land, water sources and forests is a source of livelihood for a majority of the population in the State. The Project will help manage these depleting resources, by strengthening the communities and traditional institutions. Restoration of degraded and highly degraded landscapes under the Project will increase water for local communities and improve the soil productivity which will in turn increase incomes and reduce poverty.

Loan agreement for community-led landscape management strengthens local resource governance and restoration under World Bank financing. A Loan Agreement between the Government of India and the World Bank finances the Meghalaya Community Led Landscapes Management Project, implemented with a Project Agreement with Meghalaya authorities. The Project comprises three components: strengthening knowledge and capacity for natural resource management; community led landscape planning and implementation; and project management and governance, aimed at restoring degraded landscapes, improving water and soil productivity, and strengthening traditional institutions and community livelihoods.