The government of Nepal and the World Bank signed two new project agreements today for a value of $77.6 million. The $46.6 million Nepal Agriculture and Food Security Project and the $31 million for ...

Kathmandu – Nepal ranks as the fourth most climate-vulnerable country in the world and is highly exposed to a range of water related hazards such as floods, droughts and landslides. Current ...

New Delhi: The Asian Development Bank (ADB) approved a $30 million financing package to enhance climate resilience, improve water resources management, and promote sustainable livelihoods in rural ...

The World Bank’s Board of Executive Directors has approved a $150 million financing package for Nepal’s Third Bridges Improvement and Maintenance Program (BIMP-III).

New Delhi: The Asian Development Bank (ADB) has announced $288 million in financing for two projects in Nepal, with the goal of bolstering the country’s resilience and inclusivity in the face of ...

In Nepal, Jumla district is well-known for its cultivation of Marshi rice and Fuji apples. Their crops are shipped around the world and communities rely on farming for their livelihoods. However, in ...

It is well understood that climate change is destabilizing agricultural livelihoods throughout the global South. Rising temperatures, shifting rainfall patterns, declining soil moisture, and a rise in ...

“The World Bank Group is the largest multilateral funder of climate investments in developing countries, providing $31.7 billion in climate finance in the last year alone,” the spokesperson added.

The World Bank Group said on Thursday it delivered a record $42.6 billion in climate finance during fiscal 2024, a 10% increase over the $38.6 billion the prior year and close to its target of a ...