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
6 percent of Bagmati budget expenditure in three months
Kathmandu. In the first three months of the current fiscal year 2082-83, the Bagmati state government has spent only about 6.19 percent of the total budget. According to Suraj Paudel, information officer of the Ministr...
3 billion 55 crores damage to agriculture and livestock sector across the country due to rain
Kathmandu. The Ministry of Agriculture and Livestock Development has said that due to the heavy rains that occurred last October, there was a loss of 3.55 billion in the fields of agriculture and animal husbandry acros...
NEPSE decreased by 28.92 points throughout the week, how much is the transaction on which day?
Kathmandu. This week, NEPSE index decreased by 28.92 points and reached 2642.15 points. The NEPSE, which closed at 2671.07 points last week, decreased by 28.92 points to 2642.15 points this week. The market was open for two trading days this week....
Shikhar Power Development Limited releasing IPO for general public from February 17th
Kathmandu. Shikhar Power Development Limited is going to open the initial public issue IPO from February 17. The company has announced that it is going to issue a total of 18 lakh 42 thousand 600 ordinary shares to the general public. Out of the t...
How much is the foreign currency exchange rate on Thursday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 143 rupees 50 paisa and the selling rate is 144 rupees 10 paisa. Similarly,...
National Life Insurance's three-day 'Employee Skill Enhancement Program' completed in Pokhara
Pokhara. National Life Insurance Company Limited has completed a three-day Employee Skill Enhancement Program in Pokhara with the objective of enhancing the skills, efficiency and technical capabilities of its employees. About 280 employees from b...