World Bank Approves $707 Million Loan to Combat Air Pollution in Nepal

Summary

The World Bank has approved a $707 million loan to fund the Nepal Clean Air and Prosperity Project targeting air pollution reduction in Kathmandu Valley and Terai regions.

Key Points
  • The World Bank approved a $707 million loan to Nepal for air pollution control.
  • The loan will support the Nepal Clean Air and Prosperity Project in Kathmandu Valley and Terai.
  • About 400 industries will be made emission-free under the project.
  • The project is implemented by the Department of Industry and Department of Environment under respective ministries.
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