Nepal gets support for green recovery from COVID pandemic


, December 11

The of and development partners agreed on a joint statement of support today for Nepal’s relief, recovery and resilience plan to enable a , resilient and sustainable recovery from the COVID-19.

The green recovery approach recognises the need for investment to protect lives and secure jobs and livelihoods as an immediate priority, and the need to build resilience, further strengthen inclusion, equity, and enhance sustainability in the longer term.

“The Nepal government welcomes this joint development partner approach to support green recovery from the COVID -19 pandemic that is well aligned with Nepal’s 15th development plan,” Radha Wagle, joint secretary at the Ministry of Forests and Environment, has been quoted as saying in a media release. “It is also very timely as Prime Minister KP Sharma Oli will be announcing Nepal’s climate ambition at the Global COP 26 Ambition Summit.”

The government of Nepal and development partners have agreed to work together on a joint green recovery package which could total an estimated $7.4 billion, and includes both grant and support for the initial response to COVID-19, and already approved, pipeline and forthcoming projects that support green recovery.

“Nepal’s development partners wish to align their support for Nepal’s green recovery from the COVID-19 pandemic to create jobs, stimulate inclusive growth and get Nepal back on track to achieve middle income status by 2030,” stated Faris Hadad-Zervos, World country director for Nepal, Maldives and Sri Lanka. “Nepal’s development partners are ready to support local, provincial and federal governments to stimulate a green recovery that benefits all,” stated Roland Schaefer, German ambassador to Nepal.

“As holders of the UN climate presidency and hosts for the Climate COP 26 next year, the UK is greatly impressed by Nepal’s climate leadership and ambition in its recently approved NDC,” stated Lisa Honan, UK government climate envoy.

“It is only by working together that we can tackle the COVID-19 and climate crises a

Read the full story on The Himalayan Times

Read Previous

ADB launches $9 billion novel coronavirus vaccine facility for developing members

Read Next

Selling pressure weighs on share market

Got any Comments/ Questions?