Ministry Achieves Milestones in Agriculture, Forest, and Climate Finance in 100 Days
Summary
The Ministry of Agriculture, Forest and Environment in Nepal has made significant progress in agriculture production, climate finance, and infrastructure over the past 100 days, including historic carbon trading earnings and improved support for farmers.
Key Points
- The Ministry generated foreign exchange earnings of 1 billion 10 crore rupees through carbon trading, a historic success in forest management.
- Subsidies totaling 1 billion 51 crore rupees were paid to sugarcane farmers, resolving long-pending issues in coordination with the Ministry of Finance.
- An online permit system was implemented in the Annapurna Conservation Area to promote tourism and create local employment through trekking routes and ecotourism infrastructure.
- The ministry facilitated 275 hectares of forest land for development projects and formed a task force to expedite environmental impact assessments.
