As climate change increases the risk of devastating floods in Nepal, a chronic lack of funding is leaving communities struggling to prepare, respond and rebuild …
India approves export of power to Nepal after deadly flood
NEW DELHI, Sept 14 (Reuters) – India has approved export of power to Nepal for 18 hours a day until December 31 after a devastating flood in the Himalayan nation last month wiped out about a tenth of …
Rich nations are handing Nepal a climate crisis bill it can’t afford
Work to rebuild trade routes destroyed by catastrophic flooding in Nepal has begun, with a new bridge across the Tadi River that the Nepali Army is calling the “bridge of hope.” …
Nepal PM to raise Bhotekoshi flood losses at UNGA climate debate
Prime Minister Balendra Shah will use his UN General Assembly address to spotlight Nepal’s climate disasters after the Bhotekoshi flash floods. He will seek climate justice, compensation and …
Nepal floods disaster offers crucial first test of world climate fund
Nepal flash floods disaster offers crucial first test of world climate fund – IN FOCUS: Nepal wants up to $5bn to rebuild after devastating floods – a figure that is 200 times what’s on offer. Stuti M …
Nepal seeks T20 series with Bangladesh to lift flood-hit people’s spirits
State Minister for Youth and Sports Md Aminul Haque welcomed the offer and asked Nepal to submit a formal proposal.
Economic Digest: A Snapshot of Nepal’s Business News
KATHMANDU: Economic Digest presents a brief yet comprehensive roundup of major business developments in Nepal, delivered in clear and accessible summaries. The events of the week present a mixed …
Axiata to exit struggling Nepal business
Malaysian telco Axiata has decided to exit its Nepal business Ncell, with writedowns from the troubled business taking it into the red for the first three quarters. CEO Vivek Sood said the outlook was …
Nepal secures $20 million from Loss and Damage Fund, awaits decision on Bhotekoshi plea
Kathmandu, Sept. 9 — Nepal is set to receive US$20 million in climate finance under a mechanism established to support countries vulnerable to climate change.
Nepal parliament panel set up to assess economic impact of flash floods
KATHMANDU: A seven-member parliamentary sub-committee was set up on Wednesday to assess the impact of the devastating Rasuwa flash flood on Nepal’s economy and examine issues related to climate …