Nepal is considered to be one of the most vulnerable countries to climate change. As the world’s average temperature is rising due to higher emission of carbon dioxide, its impacts are also increasing. Distorted monsoon is causing agriculture problems, floods, droughts and landslide. Furthermore, glaciers in the Himalayas are retreating faster. Nepal will have to make every effort to adapt to the changing context and tackle climate change. Adaptation will be a major focus for the country.
In order to achieve this, the country will have to rely on international climate finance. Nepal has started receiving some level of international support but this should increase in the near future. The global communities have dedicated several funds to support countries like Nepal so as to address the issues of climate change. These international funds include Least Developed Country Fund (LDCF), Adaptation Fund (AF) and the Green Climate Fund (GCF) among others. Nepal will have to work with dedicated focus to attract these resources from the international sources. Preparation will have to be made based on the nationally prioritized policies and strategies.
PRC actively works towards adopting climate friendly policies with concerned stakeholders and partners.