Grant of three billion rupees has been approved to Nepal from the Climate Damage Fund
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
The price of gold continues to rise
Kathmandu. Due to fluctuations in the international market, gradual increase in prices and changes in demand, the price of gold in the domestic market has been continuously rising. According to the Nepal Gold and Silve...
Applications for the post of Chairman of the Securities Board are open
Kathmandu. Applications have been opened for filling the post of Chairman of Nepal Securities Board Sebon. The Ministry of Finance has issued a notification calling upon eligible Nepali citizens to submit personal details and biodata within seven...
The value of the US dollar is at an all-time high
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate, the value of the US dollar has reached its highest point so far. According to the determined exchange rate, the buyi...
Gold price increased on Friday, how much per tola?
Kathmandu. The price of gold has increased in Nepali market today. Gold tola has gone up by 900 rupees. According to the Nepal Gold and Silver Traders Federation, gold is being bought and sold at 296,900 rupees per tola today. Today, the price of...
Investment of more than 21 billion in two semi-reservoir hydropower projects approved by the Board of Investment
Kathmandu. The 68th meeting of the Board of Investment held today under the chairmanship of Prime Minister Balendra Shah has decided to approve the investment of two semi-reservoir hydropower projects.
The meeting decided to approve the inve...
Informing the world about the Bhotekoshi disaster Nepal: High-level regional debate in Bangkok, support of 53 countries
Kathmandu. Nepal has organized a high-level regional debate on the Bhotekoshi-Trishuli disaster in Bangkok, the capital of Thailand. In a high-level debate with the participation of ministers from Asia Pacific countries, Nepal informed about the c...


