 Climate fund will finance building of new cyclone shelters and roads as well as carry out renovation of old shelters in the coastal area. At the first meeting of the Bangladesh Climate Change Resilience Fund's (BCCRF) governing council on Thursday, the Tk 1.87 billion project was approved for nine coastal districts. State minister for environment, Hassan Mahmud, told reporters after the meeting that primarily, 50 cyclone shelters would be built and 40 old ones renovated. A stretch of around 50 km of roads would be built in the coastal districts, he added. Donor countries and agencies will be contacted for the funds. Mahmud said Bangladesh had been promised $147 million for this project. "Also, UK has assured of $10 million and Australia $16 million." He said two other projects, building of a cross dam at Noakhali-Urirchar-Sandip to recover land from the sea' and 'coastal forestation', had also been discussed at the meeting.