Grant of three billion rupees has been approved to Nepal from the Climate Damage Fund

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

Today, NEPSE increased by 30.75 points, turnover above 9 billion 20 million

Kathmandu. On the first trading day of the week, the stock market NEPSE index increased by 30.75 points and reached the point of 2631.14. On NEPSE, 297 million 38 thousand 139 shares of 300 companies were bought and so...

NEPSE decreased by 13.88 points today, turnover limited to 3.51 billion

Kathmandu. On the second trading day of the week, the NEPSE index decreased by 13.88 points to 2581.21. During the day, 91 lakh 67 thousand 359 shares of 332 companies were bought and sold, with a turnover of 3 billion 51 crore 59 lakh shares. Tod...

The price of petroleum products fell!

Kathmandu. Nepal Oil Corporation has adjusted the price of petroleum products. The corporation has reduced the price of petrol by three rupees per liter with effect from 12:00 pm. Similarly, diesel and kerosene per liter has decreased by one rupee...

The price of gold is rising day by day, how much is the transaction per tola today?

Kathmandu. The price of gold in the Nepalese market has exceeded three lakh 28 thousand rupees per tola. According to the Federation of Nepal Gold and Silver Traders, the price of gold in Chapawal was fixed at 328,600 rupees per tola on Tuesday. S...

Are you exchanging foreign currency? Here are the exchange rates (with list)

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the National Bank, the value of the US dollar has decreased. For Friday, the buying rate of one American dollar has been fixed at 140 rupees...

Hydropower projects in Myagdi were affected by flood and landslides, production of 20 megawatts of electricity was stopped

Myagdi. Due to floods and landslides, the work of the hydropower project under construction in Myagdi has been affected, while the power generation from two projects that are in operation has stopped. The projects of Dhawalagiri, Annapurna and Mal...