Grant-based climate finance is essential for the conservation of mountainous areas: Minister Chaudhary
Kathmandu Minister for Agriculture, Forest and Environment Geeta Chaudhary has urged the international community to provide grant-based climate finance for the protection of Himalayan ecosystems and communities of Nepal.
Addressing a panel discussion on ‘Living Sagarmatha’ organized at Nepal Pavilion under COP31 today, President Bhandari underscored the need of international solidarity and collaboration for the conservation of mountainous areas.
She said that although Nepal’s contribution to global greenhouse gas emissions is less than 0.1 percent, it is facing a disproportionate impact of climate change. She said that the protection of mountainous areas should be prioritized in global climate action.
Minister Chaudhary stressed the need for the implementation of ‘Living Sagarmatha: Nepal Mountain Resilience Strategy’, early support to the affected communities through the Loss and Damage Response Fund and commitment towards the goal of limiting global warming to 1.5 degrees Celsius.
Similarly, she called for the inclusion of mountain issues as a permanent agenda in the UN climate process.
Making it clear that mountain resilience could not be built reliably on the basis of loans, she stressed the need for grant-based climate finance and international cooperation for the protection of mountain regions and their communities.


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