Cabinet decisions: Govt to accept grant of over USD 24 million
Summary
Nepal's government has approved a grant of over USD 24 million from the Green Climate Fund via UNDP to reduce flood risks caused by glacial lake outburst events and safeguard livelihoods. Nepali diplomatic missions will provide relief support to citizens affected by conflicts in West Asia.
Key Points
- The government accepted a grant assistance of over USD 24 million from the Green Climate Fund through UNDP.
- The grant aims to implement a project to reduce risks from Glacial Lake Outburst Flood events in Nepal's glacial river basins.
- Nepali embassies and consulates in several West Asian cities will provide relief and rescue support to citizens stranded due to regional conflicts.
- The government will receive and study the report from the commission investigating incidents during the Gen-Z movement last year.
