October 27, 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

The price of petroleum products fell!

Kathmandu. Nepal Oil Corporation has adjusted the price of petroleum products. The corporation has reduced the price of petrol by three rupees per liter with effect from 12:00 pm. Similarly, diesel and kerosene per liter has decreased by one rupee...

The price of gold decreased, now how much per tola?

Kathmandu. The price of gold has decreased in Nepali market today. Gold tola has fallen by 200 rupees. According to the Nepal Gold and Silver Traders Federation, today gold is being bought and sold at 3 lakh 1 thousand 500 rupees per tola. Today,...

Historic Free Trade Agreement between India and New Zealand

Kathmandu. A new chapter has started in the bilateral trade relations between India and New Zealand from Monday. The two countries have signed a historic free trade agreement. With the agreement, it is expected to bring radical changes in the fiel...

Today is the last day to file for Everest Color's IPO

Kathmandu. Today is the last day to apply for the IPO that Everest Color Limited is issuing to the general public from June 22. In the first phase, IPOs are distributed to Nepalis who are employed abroad and in the second phase, IPOs are being iss...

The US dollar, UK pound sterling and Swiss franc rose

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate, the value of the US dollar, UK pound sterling and Swiss franc has increased today. The buying rate of one American d...

Here are the foreign currency exchange rates for today

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 154 rupees 48 paisa and the selling rate is 155 rupees 08 paisa.

The buyi...