Carbon Market Potential

While our farmers work their terraced fields and our forests clean the world's air, Nepal is missing out on a multi-billion-dollar opportunity. The global carbon market has become a gold rush, but Nepal stands empty-handed despite our rich natural resources. Let's talk numbers that matter to every Nepali citizen: The World Bank reports that as of 2023, carbon pricing initiatives operate in 46 national and 37 subnational jurisdictions, covering approximately 23 per cent of global greenhouse gas emissions.