September 3, 2026, Thursday
English

The country received 1 billion 19 million from the Carbon Sharing Fund

Main News Image

Kathmandu. After succeeding in reducing about 18 lakh 88 thousand tons of carbon dioxide emissions through the 'REDD Plus' emission reduction program under the Terai Arch region, the country has received one billion 190 million rupees from the Global Forest Carbon Partnership Fund.

This amount is the first payment Nepal has received under the Emission Reduction Payment Agreement ERPA under the fund. The World Bank issued a statement today saying that this has confirmed Nepal's efforts to prevent forest destruction and promote inclusive and sustainable forest management.

The bank expressed its belief that through this achievement, Nepal will be able to prevent forest destruction, increase biodiversity protection and expand sustainable livelihood opportunities for local communities. Secretary of the Ministry of Forests and Environment, Rajendra Prasad Mishra, said that the amount received proves the joint commitment of forest-dependent communities, tribal tribes and the government.

mediabaaji add

Related News

Eid-ul-Fitr is being celebrated today

Kathmandu. According to the Arabic calendar Hijri Samwat, the Muslim community, who fasted in the ninth month of the Hijri calendar, are celebrating Eid-ul-Fitr today by reciting special prayers and taking blessings from elders. Today, after recit...

Inspector General Karki's instructions to police personnel to be ruthless against crime

Kathmandu. Inspector General of Police Dan Bahadur Karki has analyzed the security challenges that have emerged in the society and said that effective police must be mobilized to face such challenges by making necessar...

Lumbini Chief Minister Acharya will take the vote of confidence on August 1

Butwal. Chief Minister of Lumbini Province Chetnarayan Acharya has prepared to take a vote of confidence from the provincial assembly on August 1. After the Nepali Congress withdrew its support to the state government on July 12, according to the...

Melamchi drinking water diversion warning

Kathmandu. Residents of Melamchi have warned that if their demands are not met within 10 days, they will completely stop the transfer of Melamchi water supply to Kathmandu. Consumers and flood victims met Water Minister Madan Periyar on Sunday and...

Seven people including the driver were injured when three vehicles collided

Rautahat Seven people including the driver were injured when three vehicles collided in Rautahat. Durgabhagavati Rural Municipality Ward No. 5 Barharwa Hulaki Road, going towards Bam Canal, HR 28 D 7222 Indian Scorpio...

Dharna at the funeral homes of the wounded and youths of the Zen movement

Kathmandu. The wounded and young people of the Genji movement staged a sit-in at Maitighar in Kathmandu. They staged a dharna at Maitighar on Friday saying that they should fulfill the legitimate demands of the injured...