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StanChart, CNRS to help boost aquaculture productivity

Naser Ezaz Bijoy, chief executive officer of Standard Chartered Bangladesh, and M Mokhlesur Rahman, executive director of the Center for Natural Resource Studies, exchange signed documents of an agreement on assisting climate-affected farmers of the southern coast area of the country recently. Photo: Standard Chartered Bangladesh

Standard Chartered Bangladesh recently launched a joint initiative with the Center for Natural Resource Studies (CNRS) to boost the availability and accessibility of high-quality fish spawn, specifically Generation 3 Rohu, for 2,000 aquaculture farmers residing along the southern coast of the country.

G3 Rohu, an abundantly cultured carp species in Bangladesh, is a genetically improved high-yield strain of the economically and culturally significant species.

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As part of the initiative, 30 tonnes of G3 Rohu fingerlings will be distributed to selected beneficiaries, enabling 2,000 farmers from two south-western divisions to produce approximately 600 tonnes of harvestable G3 Rohu each year.

Naser Ezaz Bijoy, chief executive officer of the bank, and M Mokhlesur Rahman, executive director of the CNRS, inked a deal to this end, said a press release.

"Standard Chartered is proud to collaborate with CNRS to increase the participation of our nation's climate impacted farmers while also helping to ensure food and nutrition security by making fish more abundant and accessible," said Naser.

"We appreciate Standard Chartered Bangladesh for investing to support poor aquaculture farmers living on the frontlines of climate-induced threats with appropriate technologies which will ensure availability of animal protein to address malnutrition and reduce stunting among children and make higher economic returns," said Rahman.