October 23, 2026, Friday
English

Grant of three billion rupees has been approved to Nepal from the Climate Damage Fund

Main News Image

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.

mediabaaji add

Related News

Today's trading closed with a six percent rise in the NEPSE index

Kathmandu. Today's trading has been closed with the third consecutive positive circuit in the Nepal Stock Exchange NEPSE index. Today, the NEPSE index increased by 162.93 points to 2,875.43 points. This is an increase of six percent. On the first...

Import of 31 billion through Rasuwagadhi crossing, export of dry grass from Nepal

Kathmandu. In the nine months of the current financial year, goods worth Rs. 31 billion 30 million have entered through Rasuwagadhi, an important point of trade between Nepal and China. Among the materials imported through the border are roll clot...

The work on the western section of Muglin-Pokhara road is in the final stage

Kathmandu. The construction of the Jamune-Pokhara West section of the Muglin-Pokhara road project is set to be completed by November. According to the Ministry of Infrastructure Development, the construction has picked up speed after the problems...

Saha, who was rescued alive from Trishuli-3 'A', says that there must be 40-50 people inside the tunnel

Kathmandu. Sanjay Sah, who was trapped inside the tunnel of the Trishuli-3 'A' hydropower project due to the devastating flood that occurred on August 10 at Bhotekoshi in Rasuwa, has said that there may still be people inside the tunnel. Sah and m...

Testing of Kohalpur-Surkhet 132 KV Power Transmission Line

Surkhet. The much awaited Kohalpur Surkhet 132 KV power transmission line has been tested. After the construction of the project was completed, the line was tested on Friday. With the completion of the construction of 132 KV transmission line, it...

Strictness in real estate transactions, transactions above 3 crores are now only through agencies

Kathmandu. The Land Reforms and Real Estate Office, Dillibazar, has announced new rules for real estate transactions worth more than three million rupees within the metropolitan and sub-metropolitan areas. 

According to the instructions...