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
Fluctuations in the price of the dollar and the euro: This is the exchange rate of foreign currencies on Wednesday
Kathmandu. Nepal Rastra Bank has determined the official exchange rate of foreign currencies for Wednesday. According to the latest information published by the Central Bank, today the buying rate of one US dollar has remained at 152 rupees 08 pai...
2 million shares of Bhujung Hydropower IPO coming
Kathmandu. Nepal Securities Board Sebon has given permission to Bhujung Hydropower Limited to issue an initial public issue IPO to the general public. Sebon has given approval to the company to issue 2 million shares w...
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...
What is the exchange rate of which foreign currency on Monday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the determined exchange rate, the buying rate of one US dollar is 149 rupees 64 paisa and the selling rate is 150 rupees 24 paisa. Similarly,...
The US dollar became the most expensive ever, the price of other currencies also increased at a high rate
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currencies for Thursday. Today, all foreign currencies rose in value, including the US dollar, Australian dollar, Euro, pound, Kuwaiti and Bahraini dinars. The prices of all...
The value of the US dollar is at an all-time high
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 increased further and reached its highest point so far. Acco...