Nepal to develop carbon market ecosystem
Summary
Headway Earth and Rezonance have launched the Carbon Market Development Mission Nepal to build the country’s carbon-market and climate-finance ecosystem. The initiative aims to develop climate projects, attract international investment and create a carbon fund, carbon bank and national carbon registry for Nepal.
Key Points
- Headway Earth and Rezonance have launched the Carbon Market Development Mission Nepal to strengthen Nepal’s carbon-market and climate-finance ecosystem.
- The initiative will focus on capacity development, project development, and linking Nepali projects with international investors, climate funds and carbon buyers.
- Leaders say Nepal has strong potential in forests, agriculture, renewable energy, waste management and biochar for bankable climate projects.
- The long-term plan includes a Carbon Fund, Carbon Bank, national carbon registry and carbon marketplace to support transparent climate investment.
