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.
Express
Related News
Monthly stipend for the injured of Gen-G movement: Govt started four tier classification
Kathmandu. The government has accelerated the classification of those who were injured during the demonstration by Yuva Pusta Genji on August 23 and 24. The Ministry of Home Affairs has implemented the procedure approved by the Council of Minister...
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...
Foreign Currency Exchange Rate: The selling rate of US dollar is set at Rs 151 48 paise
Kathmandu. Nepal Rastra Bank has set the official exchange rate of foreign currency for today. According to the new rate published by the Central Bank, the buying rate of one US dollar has been fixed at 150 rupees 88 paisa and the selling rate has...
The decision of the Water Industry Federation to increase the price of drinking water
Kathmandu. Nepal Water Industry Federation has decided to increase the price of treated drinking water. According to the federation, the increase in the price of raw materials and the increase in transportation costs have made it impossible to ope...
Tragedy in Vidur's Betravati: 22 people found dead in a house flooded
Nuwakot. A heart-wrenching incident has come to light in Bidur Municipality 10, Betrawati, Nuwakot due to the severe flooding of the Trishuli River, which is flowing through the upper region of Rasuwa. The bodies of 22 people were found buried in...
The price of gold increased, how much do you need to buy one tola?
Kathmandu. The price of gold has increased in Nepali market today. Gold tola has increased by 2 thousand 100 rupees. According to the Nepal Gold and Silver Business Federation, today, per tola is being traded at 3 lakh five thousand 200 rupees. To...