Designed by Dibyak Kapali
Designed by Dibyak Kapali

News

Nepal offers $46 billion climate investment opportunities

By Rima Sah |

A study by International Finance Corporation (IFC) in 2017 estimated that Nepal offers climate investment opportunities worth $46.1 billion between 2018 and 2030 in key sectors like renewable energy, transport infrastructure, and municipal solid waste as it moves toward the implementation of climate targets it has set as part of its commitment made in the Paris Agreement.

Achieving Nepal’s Nationally Determined Contributions (NDCs) ambition to install 12,000 MW of hydropower capacity creates an investment opportunity of $22.5 billion, says the study.

Designed by Dibyak Kapali

“The government’s policy push to make its agricultural sector more climate-friendly and its NDC goals to increase the use of efficient technologies and production of local crop varieties represent an investment opportunity of $4.8 billion.”

Designed by Dibyak Kapali

Generating awareness about the business case for green and resilient investment together with developing successful private-public partnerships and climate-smart projects to demonstrate the financial benefits of investing in green projects is a key recommendation made by the IFC to Nepal in its study.

Rima Sah is a researcher/writer at the_farsight. She is a graduate in Sociology from South Asian University.

Read More Stories

Environment

Kathmandu’s decay: From glorious past to ominous future

Kathmandu: The legend and the legacy Legend about Kathmandus evolution holds that the...

by Sabin Jung Pande

Environment

Kathmandu - A crumbling valley!

Valleys and cities should be young, vibrant, inspiring and full of hopes with...

by Sabin Jung Pande

News

A cosmos marvel: Geminid Meteor shower tonight

Tonight, the cosmos invites you to witness a remarkable celestial event as the...

by Dibyak Kapali

×