World Bank Approves Nearly NPR 7 Billion Loan for Nepal's Clean Air and Prosperity Project

Summary

The World Bank has approved a nearly NPR 7 billion loan to support Nepal's Clean Air and Prosperity Project aimed at reducing air pollution and improving air quality management.

Key Points
  • The World Bank approved a loan of almost NPR 7 billion (US$ 52 million) for Nepal's Clean Air and Prosperity Project.
  • The project aims to reduce air pollution and strengthen air quality management in Nepal.
  • David Seislen, World Bank Country Director, highlighted air pollution as both a public health crisis and economic burden for Nepal.
  • The project will help around 400 industries adopt cleaner technologies like electric boilers and advanced pollution control.
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