NRB and IFC Join Forces to Drive Nepal’s Climate Finance Strategy and Green Growth
Summary
Nepal Rastra Bank and the International Finance Corporation have partnered to create a climate finance strategy aimed at promoting green projects and sustainable economic growth in Nepal.
Key Points
- Nepal Rastra Bank and International Finance Corporation have signed an MoU to develop Nepal’s climate finance strategy.
- The initiative focuses on strengthening financial mechanisms for climate resilience and low-carbon transition.
- The partnership aims to mobilize resources for renewable energy, sustainable agriculture, and resilient infrastructure projects.
- The project includes capacity building and training for financial professionals and will run until September 2028.
