KATHMANDU: Nepal has secured approval from the 47th Board of the Adaptation Fund for three climate adaptation projects.
The approvals include a proposed $30 million regional initiative for flood and landslide early warning in the Hindukush Himalaya to be led by the International Centre for Integrated Mountain Development (ICIMOD), a $9.9 million Green Koshi project to be implemented by the National Trust for Nature Conservation (NTNC), and a $4.9 million scheme for grassroots leadership and nature-based solutions in Lumbini Province to be carried out by UN-Habitat.
Minister for Agriculture, Forests and Environment Gita Chaudhary said the approvals arrive at a critical moment for adaptation finance. "At a time when the demand for financial sources for adaptation was on the rise, and the budget was under strain at Adaptation Fund, the approval of three projects is a huge achievement," she said, adding the endorsement will help mobilise resources to address environmental loss and degradation.
Officials said the funding will strengthen institutional and local capacity to cope with worsening climate impacts and reduce the risks posed by climate-induced disasters.
Green Koshi aims to conserve the fragile Koshi region ecosystem through nature-based solutions while building long-term community resilience, with NTNC acting as the principal implementing agency and receiving support from other development partners.
The Hindukush Himalaya initiative, titled Strengthening Adaptation and Flood and Landslide Early Warning for the Hindukush Himalaya, is a regional project intended to improve early warning systems and adaptive capacity across vulnerable mountain areas and will be led by ICIMOD.
The Lumbini Province project focuses on grassroots leadership and nature-based approaches to promote local climate action and build more resilient communities, with UN‑Habitat named as the implementing agency.
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