The Asian Development Bank has announced an additional $30 million in grants and $10 million in loans to Cambodia as part of the organization’s Green Climate Fund.

The funds will be in addition to the $90 million the bank has already loaned the country to develop climate-friendly agribusiness value chains, according to a press release from the funding body.

An ADB spokesman did not respond to requests for comment yesterday. According to the release, the funds will go toward reducing farms’ carbon footprint, improving infrastructure and increasing the resiliency of crops to climate change.http://www.phnompenhpost.com/business/cambodia-get-40m-adbs-green-fund