Nepal becomes first South Asian country to sign LEAF Coalition deal
Summary
Nepal has become the first South Asian country to sign the LEAF Coalition deal, securing up to 55 million USD in climate finance to support forest protection and emissions reduction goals.
Key Points
- Nepal signed an agreement to receive up to 55 million USD from the LEAF Coalition for forest protection.
- Nepal is the first Asian country to access climate finance from the LEAF Coalition.
- The LEAF Coalition includes over 30 international companies and governments of Norway, UK, US, and South Korea.
- Funds will support Nepal's goal to maintain 45% forest cover by 2030 and achieve net-zero emissions by 2050.
Other Coverage of This Story
Nepal becomes first South Asian country to sign LEAF Coalition deal
thehimalayantimes.comNepal has become the first South Asian and Asian country to sign with the LEAF Coalition, securing up to USD …
Jan 24, 2026 09:23Nepal signs LEAF Coalition deal that could bring up to $55 million in climate finance
kathmandupost.comNepal has signed a landmark agreement with the LEAF Coalition to secure up to $55 million in climate finance, recognizing …
Jan 24, 2026 01:50