October 28, 2026, Wednesday
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

An increase of 39.92 points in NEPSE, turnover of 6 billion 28 crores

Kathmandu. On the first trading day of the week, NEPSE index increased by 39.92 points to 2600.22.  During the day, 1 crore 33 lakh 81 thousand 926 shares of 334 companies were bought and sold, and over 6 billion...

32 points decline in NEPSE, turnover of 21.5 billion

Kathmandu. The NEPSE index fell on the third trading day of the week on Tuesday. The stock market, which closed with a historic increase of 162 points the previous day, corrected by 32.08 points today. Along with this, the market index has dropped...

Here are the foreign currency exchange rates for today

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been set at 140 rupees 26 paisa and the selling rate is 140 r...

Question to the Minister of Finance: What source of income did you see and are you going to increase the salary of the employees?

Rusha Thapa

Kathmandu. More than five years have passed since cooperatives, microfinance, and finance collapsed. Now the crisis has started to appear in the bank as well. It has been the same time that the country has been in economic recess...

As the students started to get sick due to the rising heat, the school hours were changed and classes were held on Sundays as well

Kathmandu. With extreme heat in Kanchanpur, the two local levels here have changed the timing of school operations. Keeping in mind the adverse effects of heat on the health of students, Krishnapur and Shuklaphanta Municipalities have decided to o...

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 has reached its highest point so far. According to the determined exchange rate, the buyi...