KATHMANDU, May 18, 2012
Global Environment Facility (GEF) has committed to provide USD 8.3 million to Nepal in order to execute its proposed programs to conserve bio-diversity and resist climate change effects.
According to a press statement issued by the finance ministry, “Lal Shankar Ghimire, joint secretary at the finance ministry shared the commitment that came from GEF at the sixth constituency meeting of South Asia Group of GEF held this week in Male, Maldives,” reads the release.
The meeting focused on issues related to progress made in areas of climate change and bio-diversity by the member countries and was chaired by finance secretary Krishna Hari Baskota. All the member countries had shared their progress report at the meeting.
Sri Lanka, Bangladesh, Bhutan, Maldives, India and Nepal are only the member countries of the Group from South Asia. GEF, which was established in 1991, works in range of issues including climate change, land degradation, bio-diversity, waters and sustainable forest management among others.
Source: Republica
Global Environment Facility (GEF) has committed to provide USD 8.3 million to Nepal in order to execute its proposed programs to conserve bio-diversity and resist climate change effects.
According to a press statement issued by the finance ministry, “Lal Shankar Ghimire, joint secretary at the finance ministry shared the commitment that came from GEF at the sixth constituency meeting of South Asia Group of GEF held this week in Male, Maldives,” reads the release.
The meeting focused on issues related to progress made in areas of climate change and bio-diversity by the member countries and was chaired by finance secretary Krishna Hari Baskota. All the member countries had shared their progress report at the meeting.
Sri Lanka, Bangladesh, Bhutan, Maldives, India and Nepal are only the member countries of the Group from South Asia. GEF, which was established in 1991, works in range of issues including climate change, land degradation, bio-diversity, waters and sustainable forest management among others.
Source: Republica
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