Nepal, GGGI ink host country agreement to boost green growth
Summary
The Government of Nepal and the Global Green Growth Institute have signed a Host Country Agreement to enhance collaboration on climate action and boost green growth initiatives in Nepal.
Key Points
- The Government of Nepal and the Global Green Growth Institute signed a Host Country Agreement to deepen collaboration on climate and sustainable development.
- GGGI has operated in Nepal since 2015 and Nepal became a GGGI member in 2022 with its office hosted by the Ministry of Forests and Environment.
- The agreement aims to strengthen Nepal's capacity to mobilize green finance through mechanisms like carbon markets and green bonds.
- Officials highlighted Nepal's leadership in biodiversity, sustainable forestry, renewable energy, waste management, and climate-smart agriculture.
