Global Compact Nepal Advances Dialogue on Sustainable Finance through Second Peer Learning Session

KATHMANDU: Global Compact Nepal (GCN), in collaboration with the United Nations Development Programme (UNDP), organised the second session of its Sustainable Finance Peer Learning Group (PLG) in Lalitpur on Friday, focusing on integrating sustainability and climate considerations into business finance.

Hosted by F1 Soft International Pvt. Ltd., the session is part of a six-part monthly series aimed at helping the private sector align financial strategies with environmental and social goals.

Opening the event, GCN President Pradeep Man Vaidya underscored the importance of knowledge sharing and highlighted the role of Nepal’s private sector in promoting sustainable and climate finance.

Shreejan Ram Shrestha, Environment Expert at the Alternative Energy Promotion Centre, presented on carbon financing and the potential of carbon markets to support sustainable development. GCN Executive Director Krishna Bikram Shah discussed access to climate-related funds, while F1 Soft’s Group Chief Finance Officer, Avish Acharya, shared the company’s experience in embedding sustainability within financial operations.

The session concluded with reflections from Business Oxygen Chairman and CEO Siddhant Raj Pandey, who stressed the importance of aligning financial innovation with climate action.

According to GCN, the growing engagement from Nepal’s private sector reflects an increasing commitment to incorporating sustainability into business operations and advancing the country’s transition towards a resilient economy.