Germany and Bangladesh sign €337.2 million deal to support sustainable development.
It includes €216 million towards climate smart agriculture programmes and modernising the electricity grid network.
€90 million will also be spent on helping the country adapt its water supply and resources, especially in the face of increased extreme weather.
€31 million will also go towards renewable energy and energy efficiency programmes, promoting environmental standards across the country, and improved coordination of climate finance.
The signing ceremony took place on Sunday in Dhaka between the German ambassador Dr Thomas Prinz and Economic Secretary Kazi Shofiqul Azam.
Germany has a history of providing economic assistance to the country.
Bangladesh is particularly vulnerable to the impacts of climate change, and stronger storms are becoming more commonplace, according to Climate Action Programme, a UN environment partner.
In 2017, it was impacted by severe flooding which led to the deaths of 1,200 people, and affected more than 41 million. One third of the country was under water during the worst of the floods.