Government allocates Rs12.31 billion for forestry, environment and climate sector
Summary
The government has allocated Rs12.31 billion for the forestry, environment, and climate change sector for fiscal year 2026-27, including initiatives like green energy bonds, disaster monitoring with drones, and a herbal processing centre in Karnali Province.
Key Points
- The government allocated Rs12.31 billion for forestry, environment, and climate change sector in fiscal year 2026-27.
- Green energy bonds and diaspora bonds will be issued to maximize available climate funds.
- Around Rs1 billion allocated for water conservation and landslide control in Chure and Tarai-Madhesh regions.
- Implementation of REDD+ program, support price for medicinal herbs, and use of drones and satellite systems for disaster and environmental monitoring.
