Grant of three billion rupees has been approved to Nepal from the Climate Damage Fund
-
Media Baaji
- Fri, 23 October 2026
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.
Related News
Government's crackdown on cooking oil, ban on reusing old utensils to misleading advertisements
Kathmandu. Keeping in mind the quality, purity and health safety of the consumers of edible oil sold in the Nepali market, the government has prepared to tighten production, packaging and sales distribution. The Nepal Quality and Weights and Measu...
NEPSE welcomes election results, trade closes with six percent increase
Kathmandu. Today's trading has been closed with the third consecutive positive circuit in the Nepal Stock Exchange NEPSE index. Today, the NEPSE index increased by 162.93 points to 2,875.43 points. This is an increase of six percent. On the first...
NEPSE down 7.01 points, trading at 6.4 billion
Kathmandu. On the first trading day of the week, the NEPSE index decreased by 7.01 points and remained at the point of 2633.53. During the day, 1 crore 21 lakh 63 thousand 78 shares of 332 companies were bought and sold, and 6 billion 40 crore 23...
The price of gold increased by 5200 rupees per tola and set a new record. How much is the transaction per tola?
Kathmandu. Daily gold prices are making new records. Gold has increased by Rs 5,200 per tola in a single day, reaching its highest price so far. According to the Nepal Gold and Silver Traders Federation, gold has reached 3 lakh 9 thousand rupees p...
The US dollar and euro rose, as did other currencies
Kathmandu. Nepal Rastra Bank has announced the official exchange rate of foreign currency for Thursday. According to the new rate set by the National Bank, today the buying rate of one US dollar is 151 rupees 46 paisa and the selling rate is 152 r...
The price of gold continues to rise, exceeding 277,000 tolas
Kathmandu. As the wedding season begins, the price of gold is constantly increasing. There have been some fluctuations in the price of silver. According to the Federation of Nepal Gold and Silver Traders, today the price of one tola of printed gol...