Nepal receives 9.4 mln USD from World Bank for reducing emissions

NAMPA / Xinhua

2025-11-16

KATHMANDU, Nov. 16 (Xinhua) -- Nepal has received 9.4 million U.S. dollars from the World Bank's Forest Carbon Partnership Facility (FCPF) for reducing approximately 1.88 million tons of carbon dioxide in the Terai Arc Landscape, the World Bank said in a press release on Sunday. This was the first payment under the FCPF's Emission Reductions Payment Agreement, a major milestone in Nepal's efforts to reduce emissions from deforestation and fore......

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