Seeking Csr Fund to Establish a World Class Iodized Salt Industry

Seeking an amount of money US$25 Million as Grant/long term loan or partnership or any other way you prefer to establish a world class Iodized salt industry as a social business in Bangladesh.

Bangladesh tops the 2009 Global Climate Risk Index, a ranking of 170 countries most vulnerable to climate change compiled by Germanwatch, an international nongovernmental organization that works on environment and development issues. The nation is particularly at risk because it is a vast delta plain with 230 rivers, many of which unstably swell during the monsoon rains. This geology, combined with river water from the melting Himalayan glaciers in the north and an encroaching Bay of Bengal in the south, makes the region prone to severe flooding. The situation is made worse by the prevalence of intense storms, a marker of climate stresses. Sidr, the Category 4 cyclone that ravaged southern Bangladesh in November 2007, killed some 3,500 people, displaced 2 million, and wiped out paddy fields.

Bangladesh faces many of the impacts of climate change due to its geophysical location, hydrological influence from monsoon rains and regional water flow patterns. The country faces too much water during the monsoons and too little water in the dry season. This situation will be aggravated by a warmer climate, resulting in more severe droughts and increased flooding. Further adding to the problem is sea level rise from the south and enhanced Himalayan snow and glacial melt from the north, which will inundate additional large parts of Bangladesh over today's flood affected areas.

Projections indicate that sea level rise will inundate large parts of the coastal regions of Bangladesh. Sea level rise of 45cm is predicted to result in the inundation of about 10 percent of the country. For sea level rise of 1m, 21 percent of the country will go under saltwater (IPCC, 2005). Such a rise is likely to inundate coastal wetlands and lowlands, accentuate coastal erosion, increase...