Nepal to cut carbon emissions from deforestation with $45m support

The Emissions Reductions Payment Agreement is expected to help reduce nine million tons of carbon emissions in the Terai Arc Landscape

Nepal granted $200m loan to modernise power supply systems

While Nepal has made significant progress in power supply after years of chronic electricity shortages, its transmission and distribution systems need to be further strengthened

Green Climate Fund commits $400m to combat climate crisis

Funding will be shared by a total of 13 projects in countries including Nepal, China, the Philippines and Palestine

World Bank grants $7.6m for renewable energy in Nepal

The project aims to address the barriers to private sector participation in the mini grid sector for renewables

Fleet of low-emission buses rolled out in Kathmandu

They have replaced old and polluting microbuses and three wheelers and will be used on a pilot route

UK finances £10.6m for international conservation

A total of 52 projects will share the funding over the next three years to support and enhance biodiversity

Nepal banks on promoting sustainable finance

A bank in Nepal is partnering with IFC, a member of the World Bank Group, to promote sustainable finance. IFC will help Nepal Rastra Bank (NRB), the central monetary authority of the country, adopt improved environmental and social risk management practices to strengthen its portfolio performance, generate business opportunities and boost competitiveness in the region. […]

Reporter’s Blog: Nepal earthquake – Powering the country one year on

It’s hard to believe it has been a year since Nepal was struck by a devastating earthquake: the day that changed everyone’s lives forever. More than eight million people were affected and thousands killed and injured after a 7.8 magnitude quake hit the beautiful Himalayan country. It affected people’s daily lives: basic commodities like food […]

Blog: Thank you for helping us Re-Energise Nepal

It has been just over nine months since Nepal was struck by a devastating earthquake. The country crumbled in just a few minutes, killing more than 8,000 people and millions more were affected by the broken infrastructure. That meant no power, no heat, no water and very little hope. Nepal was already plagued by power […]

Nepal granted $20m for power sector reform

The World Bank has granted funding worth $20 million (£13m) to reform the power sector in Nepal. The project is expected to help strengthen the capacity of power sector agencies in the country as well as develop hydropower generation and transmission line projects. The funding will support the Upper Arun Hydroelectric Project and the Ikhuwa […]