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

Rashtra Bank's request to provide banking services even during Tihar holidays

Kathmandu. Nepal Rastra Bank has requested banks and financial institutions to conduct banking services for customs clearance on days other than Bhaitika. The central bank has written to the banks and financial institu...

Plain-clothes police deployed at depots in the valley to prevent black market of gas

Kathmandu. Plain-clothed policemen have been mobilized at various gas depots in Kathmandu Valley following reports of black-marketing of cooking gas by creating an artificial shortage. In coordination with the Ministry of Home Affairs and the Mini...

Are you exchanging foreign currency? View today's exchange rate (with list)

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the Central Bank, today the buying rate of one US dollar is 144 rupees 63 paisa and the selling rate is 145 rupees 23 paisa. The buying rate...

Bringing casinos into more legal ambit, the department issued a 12-point directive

Kathmandu. The government has issued various 12-point directives with the aim of bringing the casino, which is a commercial entertainment sector, under more legal scope. The Department of Tourism under the Ministry of...

277 customers blacklisted for not paying electricity tariff

Kathmandu. Bharatpur distribution center under Nepal Electricity Authority has blacklisted 277 customers who have not paid electricity tariff in the current financial year. According to the center, action has been initiated against customers who h...

Everest Color will issue IPO from May 16

Kathmandu. Everest Color Limited is going to issue ordinary share IPO for the Nepalese who are employed abroad in the first phase from this 16th of Baisakh. The company has received permission from the Nepal Securities Board to issue 16.33 percent...