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

The value of the US dollar continues to rise

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the exchange rate set for today, the value of the US dollar has increased again. According to the fixed rate, the buying rate of one US dolla...

New exchange rate of foreign currency announced: which country's rupee is being bought and sold at?

Kathmandu. Nepal Rastra Bank has determined the new exchange rate of foreign currency for Friday. According to the information released by the Central Bank, today the buying rate of one US dollar is 153 rupees 63 paisa and the selling rate is 154...

Palpa Cement will issue an IPO for the general public from February 12

Kathmandu. Palpa Cement Industries Limited is going to issue an IPO to the general public from the 12th of February. In the first phase, the company has issued and distributed IPO to local residents of industry-affected areas and Nepalese working...

All preparations for financial calculations are complete

Kathmandu. The preparations for the second economic calculation have reached the final stage. The National Statistics Office said that enumerators and necessary inspectors have been circulated throughout the country and have reached the relevant a...

Are you exchanging foreign currency? Here are the exchange rates (with list)

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the National Bank, the value of the US dollar has decreased. For Friday, the buying rate of one American dollar has been fixed at 140 rupees...

35 industries paid 238.7 million dedicated and trunk line tariff arrears

Kathmandu. 25 new industries which consumed electricity from dedicated and trunk line structures during load shedding in the past have paid the first installment of premium tariff arrears. Earlier, 10 industries which...