Accessing climate finance in Nepal: Issues and options

This document summarizes findings from a workshop and a series of consultations organized by Asian Disaster Preparedness Center (ADPC) and Nepal’s Ministry of Finance (MoF). It aims to support development partners and Government of Nepal agencies in designing programmes and interventions to accelerate international climate finance in Nepal.

The following seven potential solutions were identified by workshop participants in order to maximize access to climate financing in Nepal.

1. Define Key Climate Change and Finance Terminologies in the Nepal Context
2. Establish a Climate-related Data Repository at the National Level
3. Policy Alignment between the Government’s and Development Partners’ Priorities
4. Increase and Encourage Private Sector Engagement to Address Climate Change
5. Address Institutional Barriers for Accessing Climate Finance
6. Build Financial Capacities and Technical Needs
7. Identify Loss & Damage as an Opportunity for Accessing Climate Finance