Harnessing Green Climate Fund Resources for Nepal
Harnessing Green Climate Fund Resources for Nepal
October 5, 2017
Translating climate priorities into results requires adequate and sustained financing. Green Climate Fund (GCF), established under the United Nations Framework Convention on Climate Change (UNFCCC) in 2010 enables countries like Nepal to implement mid and long-term climate change priorities.
GCF aspires to support countries to increase the resilience and adaptive capacity against mounting climate risks. To access resource from GCF, Nepal needs to identify and prioritize cross-sectoral strategic investment priorities based on national needs. The engagement of all relevant national stakeholders in setting up priority climate actions is essential in the GCF process.
The document was prepared by Government of Nepal, Ministry of Finance with support from UNDP, United Nations Environment Programme (UNEP) and the German Federal Ministry for the Environment, Nature Conservation, Building and Nuclear Safety (BMUD), and provides information on national climate finance pathway in Nepal, linking national priorities to GCF impact areas and related issues.