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

11 km Nagadhunga-Malekhu section under Prithvi Highway is blacked out

Chitwan. Under Prithvi Highway, 11 km Nagdhunga Malekhu section has been blacked out. Last year eight kilometers were blacked, this year three more kilometers were blacked. According to Vijay Darai, Engineer of Nagadhunga Muglin Road Project, unde...

This is the foreign exchange rate

The Kathmandu. Nepal Rastra Bank has fixed the exchange rate of foreign currency for today. According to the National Bank, the buying rate of US dollar has been fixed at 152 rupees 31 paise and selling rate at 152 rupees 91 paise. The Australian...

6 thousand 40 cylinders of gas are being distributed today

Kathmandu. Nepal Oil Corporation has increased its vigilance to prevent artificial shortage of cooking gas in the market and has asked consumers not to stock up unnecessarily. Chandika Prasad Bhatt, executive director of the corporation, clarified...

Trunkline dues dispute: Industrialists agree to deposit deposit

Kathmandu. Industries have come to an agreement on dedicated and trunk line dues disputes. According to the Confederation of Nepal Industry and Commerce, it has been agreed to go for a review by depositing an amount eq...

Kalinchok Hydropower will issue IPO from 13th of February

Kathmandu. Kalinchok Hydropower Limited is going to issue IPO from 13th of February. The company is about to issue an IPO for the local residents of the project-affected areas and Nepalis working abroad.

The company got permission to issue 1...

National Life Insurance's entertaining Narayani Cruise Safari Program completed

Kathmandu. National Life Insurance Company Ltd. In order to promote domestic tourism, the Narayani Cruise Safari program of 2 nights and 3 days has been completed for its agents at Hotel Seven Star located in Sourah, Chitwan.

With the slogan...