Kathmandu, December 11, The Nepal government and international development partners have today agreed on a joint statement of support for Nepal’s Relief, Recovery and Resilience Plan to enable a green, resilient and sustainable recovery from the COVID-19 pandemic. Such development partners include ADB, EU, Finland, France, Germany, INGOs, JICA, KOICA, Norway SDC, UK, UN, USAID, and the World Bank.
The green recovery approach recognises the need for investment to protect lives and secure jobs and livelihoods as an immediate priority, and the need to build resilience, further strengthen inclusion, equity, and enhance sustainability in the longer term.
“The Government of Nepal welcomes this joint Development Partner approach to support green recovery from the COVID -19 pandemic that is well aligned with Nepal’s 15th development plan,” stated Ms. Radha Wagle, Joint Secretary at the Ministry of Forests and Environment. “It is also very timely as the Prime Minister of Nepal will be announcing Nepal’s climate ambition at the Global COP 26 Ambition Summit.”
The total amount of the joint green recovery plan is estimated $7.4 billion. Of the total amount, $4.2 billion will be mobilised for the restructuring existing and confirmed projects, $2.4 billion for the new and pipeline projects for supporting green recovery and $ 840 million for immediate COVID-19 needs like direct health care and vaccine access.
