Green bonds for greening Nepal
kathmandupost.com · Fri May 19 00:15:00 GMT 2023
They finance climate and environmental projects and support sustainable development.
In recent years, Nepal has witnessed massive pollution, leading to the poorest air quality index . The rapid addition of structures without caring for the environment is worsening biodiversity losses. Extensive use of fossil fuel, zero emphasis on climate-resilient infrastructure, unplanned and unmanaged cities, and poor initiative for renewable energy and clean transportation management are warming the temperature. As a result, the long-lasted slogan of Nepal “Hariyo ban, Nepal ko Dhan” may soon become outdated, and we may experience even higher temperatures and biodiversity losses.
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