November 3, 2026, Tuesday
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

Most of the commercial banks have reduced the interest rate for the month of February, how much?

Kathmandu. Commercial banks have announced the new interest rates applicable for the month of February. According to the information published by the banks, most of them have reduced the interest rates. It seems that the maximum average interest r...

'Stalls' including public library closed after non-payment of rent

Kathmandu. According to the decision of the Nepal government, stalls that have not paid rent for a long time along with the Kathmandu Valley Public Library at Bhrikutimand have been closed. According to the Ministry of Women, Children, Gender and...

Corporation will distribute gas until supply is smooth

Kathmandu. Nepal Oil Corporation has decided to regularize gas distribution from the Teku office in Kathmandu until the supply of gas to the market is smooth. Due to the lack of gas in the market, the corporation has been distributing different br...

Stock markets rose by double digits, greener on Bikas Bank and Hydropower indices

Kathmandu. On the third day of the week, i.e. Tuesday, the stock market has increased by double digits. Today, the NEPSE index increased by 13.51 points to 2812.34 points. In the stock market today, 348,520,000 shares of 340 companies of various s...

Here are the foreign currency exchange rates for today

Kathmandu. Nepal Rastra Bank has determined the foreign currency exchange rate for today 9 Monday 0. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 150 rupees 74 paisa and the selling rate has been fixed at 151 rupee...

The price of the US dollar, Australian dollar, euro and pound increased!

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currencies for Saturday. Today, the value of all foreign currencies including US Dollar, Australian Dollar, Euro, Pound, Kuwaiti and Bahraini Dinar has increased. According t...