The document on Accessing Climate Finance in Nepal: Issues and Options helps summarize key points from a stakeholders’ workshop under the leadership of the Ministry of Finance (MoF) on 8 September 2022 in Kathmandu, Nepal.
It notes that funding must be clearly defined in Nepal to guide the country’s development and sustainability efforts, and authorities must encourage inclusive approaches to align government, development, and private sector priorities.
It also recommends clarifying the co-benefits of climate finance interventions through bilateral and multilateral investments in Nepal, developing and supporting bankable projects that are credible, risk-proofed, and resilient for private sector financing, and enhancing public access to climate databases or developing a new national system to promote calculated decision-making.
It aims to support development partners and Government of Nepal agencies in designing programmes and interventions to accelerate international climate finance in the country.
The workshop was organized as part of ADPC’s Climate Adaptation and Resilience (CARE) for South Asia project supported by the World Bank.