Grant of three billion rupees has been approved to Nepal from the Climate Damage Fund
-
Media Baaji
- Fri, 23 October 2026
Kathmandu. For the relief, rehabilitation and reconstruction of the communities affected by the devastating floods in the Bhotekoshi and Trishuli rivers due to climate change, the Climate Damage Loss and Damage Fund has decided to provide Nepal with 20 million US dollars and about 3 billion Nepalese rupees.
According to the Ministry of Agriculture, Forestry and Environment, the special meeting of the fund held on Thursday decided to provide the aid amount to Nepal. According to Dr. Maheshwar Dhakal, Joint Secretary of the Ministry and Head of Climate Change Management Division, the Government of Nepal made an official request for assistance to the Board of the Fund on August 31 to deal with the huge loss of people's wealth caused by the flood.
Dr. Dhakal, who is also Nepal's National Liaison Officer and Alternate Board Member for the Fund, informed that intensive discussions and coordination were held with board members from developed and developing countries at various stages to pass Nepal's proposal.
Express
Related News
With the decrease in the price of petroleum products, the fare of interprovincial public transport decreased by two percent
Kathmandu. The Department of Transportation Management has reduced the fares of public and cargo vehicles running interprovincially by two percent due to the fall in the price of petroleum products.
After the Nepal Oil Corporation reduced th...
Let's not buy real estate because it is cheap, is it built on public land or not? let's check
Rusha Thapa_________________
Bhaktapur. There are news about real estate being sold at very cheap prices in social media, newspapers etc. Real estate traders and brokers also say that the price of real estate has decreased significantly. It...
Government's crackdown on cooking oil, ban on reusing old utensils to misleading advertisements
Kathmandu. Keeping in mind the quality, purity and health safety of the consumers of edible oil sold in the Nepali market, the government has prepared to tighten production, packaging and sales distribution. The Nepal Quality and Weights and Measu...
NMB Bank in association with Cititech and Smart Choice Technologies launches Loop Purchase Credit and EMI service
Kathmandu. NMB Bank Limited has entered into a tripartite agreement with Cititech Group and Smart Choice Technologies SCT to join the Loop Network as 'Issuer Bank'. Through this collaboration, NMB Bank is going to provide easy loan and installment...
Naima Expo ends, enthusiastic participation of 180,000 visitors
Kathmandu. Nepal Mobility Expo 2026 has concluded in Naima. The Naima Expo, which was officially inaugurated on July 26, was concluded today with the enthusiastic attendance of more than 180,000 visitors.
More than 30,000 people observed the...
Are you exchanging foreign currency? Here are the exchange rates (with list)
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the National Bank, the value of foreign currencies such as US dollar and Euro has increased today. According to...