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

Fluctuations in the price of the dollar and the euro: This is the exchange rate of foreign currencies on Wednesday

Kathmandu. Nepal Rastra Bank has determined the official exchange rate of foreign currencies for Wednesday. According to the latest information published by the Central Bank, today the buying rate of one US dollar has remained at 152 rupees 08 pai...