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

ADB forecasts that economic growth will be limited to 2.7 percent

Kathmandu. The Asian Development Bank ADB has released a forecast that Nepal's economic growth rate will be limited to 2.7 percent in 2026. According to the 'Asian Development Outlook April 2026' published by ADB, this rate was 4.6 percent in the...

The stock market fell again, trading volume limited to 6 billion

Kathmandu. The stock market increased by 83 points the previous day and today the stock market decreased by 2.61 points. Today, the stock market index reached 2757.40 points. Today in the stock market, the share price of 175 companies decreased wh...

A ship carrying 30,000 metric tons of urea arrived at Calcutta port

Kathmandu. A third ship carrying 30,000 metric tons of urea fertilizer has arrived at Calcutta port in India with the aim of providing timely chemical fertilizers to the farmers of Nepal. According to the Ministry of Agriculture and Livestock Deve...

New system implemented in transport service, national identity card and mobile number in own name mandatory

Kathmandu. With the aim of making transportation services more modern, convenient and technology-friendly, the government has launched a new integrated digital system. Through this system, citizens can now apply online for various transport servic...

The value of the dollar did not change today, so did the exchange rate of other foreign currencies

Kathmandu. Nepal Rastra Bank has determined the foreign currency exchange rate for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 152 rupees 59 paisa and the selling rate is 153 rupees 19 paisa.

The valu...

Today, NEPSE decreased by a normal number, the turnover fell to 7 billion 49 crores

Kathmandu. On the fourth trading day of the week, the NEPSE index decreased by 1.64 points to 2681.50. During the day, 1 crore 66 lakh 82 thousand 626 shares of 326 companies were bought and sold, and 7 billion 49 crore 97 lakh shares were traded....