Approval of Nepali projects from Adaptation Fund milestone: Minister Chaudhary
Summary
Minister Geeta Chaudhary said the approval of three Nepali projects by the Adaptation Fund is a major milestone for climate adaptation and disaster resilience. The projects include Green Koshi, an early warning system for the Hindukush Himalaya, and a community resilience initiative in Lumbini Province.
Key Points
- The Adaptation Fund’s 47th Board endorsed three projects proposed by the Nepal government to strengthen climate adaptation capacity.
- Minister Geeta Chaudhary called the approval a milestone for Nepal and said it would help manage environmental losses and budget strain.
- The projects include Green Koshi in the Koshi region, an early warning project for the Hindukush Himalaya, and a local leadership and nature-based solution project in Lumbini Province.
- The implementing agencies are the National Nature Conservation Trust, ICIMOD, and UN Habitat, with proposed funding of about $44.8 million in total.
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