Nepal gears up for global financing talks
Nepal hosted a national consultation in preparation for its participation in the upcoming Fourth International Conference on Financing for Development (FfD4), with key national and international stakeholders emphasizing the importance of inclusive global financing and sustained support for countries in transition.
Speaking at the event, UN Resident Coordinator Hanaa Singer Hamdy underlined the significance of the FfD4 outcome document, the Compromiso de Sevilla, which aims to create a renewed global financing compact. She emphasized that multilateralism is evolving—not fading—and called for collaborative efforts to shape a more equitable global financial system.
With Nepal nearing its graduation from the Least Developed Country (LDC) category, discussions focused on ensuring a smooth and sustainable transition. The UN official stressed that while graduation marks progress, Nepal continues to face structural challenges, including climate vulnerability, economic reliance on remittances, and limited industrial capacity.
The consultation highlighted Nepal’s proactive role in the FfD4 process, led by the Ministry of Finance with support from the United Nations. Since 2023, Nepal has engaged a broad range of stakeholders—from government agencies to youth groups and development partners—to contribute to the FfD4 agenda.
Key recommendations from the event included advocating for inclusive trade rules, securing post-graduation support mechanisms, attracting sustainable investment, and mobilizing domestic resources. Nepal's recent steps, such as legislative reforms, a sovereign credit rating, and the development of an Integrated National Financing Framework, were noted as part of its broader transition strategy.
Participants agreed that Nepal’s graduation is not just a national milestone but a symbol of progress for other LDCs, particularly those facing similar vulnerabilities. The conference served as a platform to reaffirm Nepal’s commitment to shaping a resilient and inclusive development path.
Landmark Land Ownership Certificate Distribution ceremony held in Lamahi Municipality with Korea’s assistance
The landmark Land Ownership Certificate (LOC) Distribution ceremony was held in Kanchhi Tole-3 of Lamahi Municipality in Dang district on Wednesday, with technical support of the Korean government and UN-Habitat.
The event marked a significant milestone as 24 landless families, displaced and resettled for nearly four decades, were formally recognized as landowners for the first time in the district, reads a statement issued by the Korean Embassy in Nepal.
This remarkable achievement was the result of two years of persistent efforts led by Lamahi Municipality, in close coordination with the Land Issues Resolution Commission, the District Survey Office and the Land Revenue and Survey Offices.
Importantly, members of the landless community themselves played vital roles throughout the enumeration process ensuring a transparent and participatory approach for land tenure security.
UN-Habitat as part of the project funded by the Ministry of Agriculture, Food and Rural Affairs (MAFRA) of the Republic of Korea provided technical support in the initiatives.
The joy spread among the 24 families of Kanchhi Tol after receiving the certificate was remarkable when Sarita Chaudhary shared 'We used to be looked down upon for being landless, according to the statement.
The Korean government funded “A Safety Net of Innovative Land Tenure Solutions for Near Landless Sharecroppers and for a Greener Rural Nepal”, funded by the Ministry of Agriculture, Food and Rural Affairs (MAFRA) of the Republic of Korea, and implemented by UN-Habitat in collaboration with Ministry of Land Management, Cooperatives and Poverty Alleviation (MOLMCPA) has been implemented with the support of key implementing partners including Good Neighbors International Nepal, Korea Rural Economic Institute (KREI), Korea Land and Geospatial Informatix Corporation (LX), and the Community Self-Reliant Service Centre (CSRC) and covers areas of support to land tenure security, increased access to sustainable livelihoods and green economic activities of near-landless and promote sustainable, climate smart and inclusive land use in the four municipalities of Deukhuri Valley in Dang district.
Disaster management post set up in Solukhumbu
For the first time in Solukhumbu district, a joint disaster management post has been established, aiming to enhance emergency preparedness and response during the monsoon season.
The facility has been set up at Jorbouddha in Solududhkunda Municipality-6 and is currently operational.
Specially trained personnel from the Nepal Police and the Armed Police Force have been deployed, with an 11-member security team providing 24/7 service, according to Chief District Officer (CDO) Anoj Kumar Ghimire.
A system is now in place to mobilize rescue teams shortly after receiving emergency information.
The post has been established targeting the three-month monsoon period (Asar, Saun, and Bhadau (mid-June to mid-September) when the risk of natural disasters is at its peak.
CDO Ghimire emphasized that the long-term objective is to institutionalize and expand the post, making it a permanent and resilient structure that can serve all local levels across the district.
Garma Bazar has been designated as the operational center of the post due to its strategic geographical location.
In addition to field operations, the post has already begun direct coordination with local disaster management committees throughout the district.
Two children drown in septic tank while playing
Two children have drowned in the septic tank of a toilet in Binuwatol of Chandrapur Municipality-10, Rautahat.
The deceased have been identified as two-year-old Ranje Sah and two-year-old Khushbu Sah, according to Rajkumar Rai, Deputy Superintendent of Police of the Area Police Office Chandranigahapur.
They were playing at the house of local Hridaya Paswan when the incident took place last night.
Both children breathed their last during the course of treatment at the Chandranigahpur Hospital, police said.