Nepal becomes first South Asian country to sign LEAF Coalition deal
Summary
Nepal has become the first South Asian and Asian country to sign with the LEAF Coalition, securing up to USD 55 million to support forest conservation and reduce greenhouse gas emissions.
Key Points
- Nepal is the first South Asian country to sign an agreement with the LEAF Coalition securing up to USD 55 million for climate finance.
- Nepal is also the first Asian country to access climate finance through the LEAF Coalition, involving multinational companies and four governments.
- The agreement supports Nepal's commitment to reducing greenhouse gas emissions through jurisdictional REDD+ programmes.
- The funding aims to help Nepal maintain 45 percent forest cover by 2030 and achieve net-zero emissions by 2050, benefiting over three million households.
Other Coverage of This Story
Nepal becomes first South Asian country to sign LEAF Coalition deal
nepalnews.comNepal has become the first South Asian country to sign the LEAF Coalition deal, securing up to 55 million USD …
Jan 24, 2026 03:56Nepal 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