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The route for electricity export from Nepal to Bangladesh has officially opened. With the signing of an electricity sale agreement between three companies from Nepal, India and Bangladesh on Thursday, Nepal is set to export electricity to a third country for the first time. Nepal has been exporting electricity to India for the past three years.

A tripartite Power Sale Agreement (PSA) was signed between the Nepal Electricity Authority (NEA), the Bangladesh Power Development Board (BPDB) and India’s NTPC Vidyut Vyapar Nigam Ltd (NVVN) during a program held in Kathmandu. As part of this agreement, Nepal will export 40 MW of electricity to Bangladesh in the first phase.

The agreement outlines that Nepal will sell the electricity, which will be transported through India’s transmission lines, and Bangladesh will purchase it. NEA Executive Director Kulman Ghising, BPDB President Rejul Karim and NVVN CEO Renu Narang signed the agreement.

The signing took place in the presence of Nepal’s Minister for Energy, Water Resources and Irrigation Deepak Khadka, and Bangladesh’s Minister for Forest, Environment, Climate Change and Water Resources, Syeda Rizwana Hasan. The Indian Ambassador to Nepal, Naveen Srivastava, was also present at the event.

Although the tripartite agreement was originally scheduled for July, it was postponed due to political protests in Bangladesh.

NEA Executive Director Ghising described the agreement as a milestone in South Asia’s energy cooperation, stating, “This is the culmination of our shared vision. It will open doors for subregional and regional cooperation.”

According to the agreement, NEA will export electricity to BPDB at a rate of about Rs 8.64 per unit (6.40 US cents).

For the export to Bangladesh, BPDB will pay a ‘wheeling charge’ to NVVN for using India’s transmission lines.

Nepal will install an electricity meter in Muzaffarpur, India, where the amount of electricity exported to Bangladesh will be recorded. NEA will bear the technical losses incurred up to that point, while Bangladesh will cover the technical losses from Muzaffarpur to its border. As a result, the price of electricity will increase from 6.4 cents to 7.6 cents per unit by the time it reaches Bangladesh.

Bangladesh will receive electricity through the Brahmapur (India)–Bheramara (Bangladesh) 400 KV transmission line, which it currently uses to import electricity from NVVN.

The agreement, which is valid for five years, stipulates that 144m units of electricity will be exported to Bangladesh annually, Ghising stated. He also noted that around Rs 1.21trn worth of electricity will be exported to Bangladesh each year.

The export will begin after receiving the necessary permissions from India, making Nepal the first country to export electricity to a third country, according to Ghising.

He added that Nepal aims to export 10,000 MW of electricity to India and 5,000 MW to Bangladesh in the future.

The NEA plans to export electricity generated by the 25 MW Trishuli and 22 MW Chilime hydropower projects—both built with Indian subsidies and owned by the authority—to Bangladesh. Both projects have received approval for electricity export to India.

For the next five years, the authority will sell 40 MW to Bangladesh during the rainy season, from June 15 to Nov 15 each year.

Bangladesh had previously decided to import 40 MW from Nepal. On Dec 20 last year, the Economic Affairs Committee of Bangladesh’s Council of Ministers under then Finance Minister Mustafa Kamal approved BPDB’s proposal to import 40 MW.

NEA and BPDB agreed on the electricity rate in late February. A tripartite agreement was prepared in Kathmandu on July 13, but it was delayed due to political unrest in Bangladesh.

Salman bin Abdulaziz Al Saud, the King of Saudi Arabia, has expressed his sorrow over the significant loss of life and property in the recent flooding and landslides in Nepal.

He extended his heartfelt condolences and sincere sympathy to President Ram Chandra Paudel, the families of the deceased, and the Nepali citizens.

He wished for the safe return of the missing to their families, and a swift recovery for the injured.

Similarly, in a separate message to the President, Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister of the Kingdom of Saudi Arabia, has expressed his sorrow over the loss the country suffered in the disasters.   

Heavy rainfall in the past days has caused widespread flooding in Nepal, affecting thousands of children and their families, UNICEF has said. 

According to government estimates, around 224 people, including 35 children, have lost their lives, with many others injured or missing. Hundreds of houses have been damaged, displacing thousands of children and their families, leaving them vulnerable to the elements. In addition, landslides and rubble have blocked major roads and are hampering critical search and rescue efforts. The incessant rains, which lashed down non-stop since Sept 27, have been one of the heaviest rains Nepal has seen in the past few decades.

“On behalf of UNICEF Nepal, I offer my heartfelt condolences to the families who have lost loved ones, including children. Children and young people desperately need support. In addition to losing their homes, we cannot underestimate the trauma children have endured and the mental health support they need. At times like this, girls and boys are ever more vulnerable to violence, exploitation and abuse,” said UNICEF Representative to Nepal Alice Akunga. “UNICEF is on the ground and working around the clock with the government and partners to reach the most affected children and their families with life-saving supplies and services.”

The impact on children is already being felt. An estimated 13 hospitals have been damaged and water supply has been widely affected threatening children’s health and nutrition. Damage to 54 schools has deprived over 10,000 girls and boys of a safe space to learn, play and heal.

UNICEF is working closely with the Government of Nepal and other humanitarian partners to assess the situation and provide urgent response. Pre-positioned supplies—including hygiene kits, bed nets, buckets, water purification tablets and tarpaulin sheets—have been dispatched to children and their families.

“I am deeply worried about the children who will sleep outside tonight and in the coming days; we must act quickly,” said Akunga. “In UNICEF, the Government of Nepal and local partners have a trusted agency that is ready to step-up and scale-up the emergency response for every child so that, together, we mitigate the impact of this terrible weather event.”

Nepal's economic growth is projected to accelerate to 5.1 percent in FY 25 from 3.9 percent in FY 24, driven by anticipated high tourist arrivals, along with increased hydropower and paddy production, according to the World Bank’s latest economic update, Nepal Development Update: International Migration and Well-being in Nepal, released today.

The private sector is expected to contribute to the country’s growth, as it is anticipated to benefit from the central bank’s loosening of monetary policy and easing of regulatory requirements. Nepal’s economy is projected to grow by 5.5 percent in FY26.

However, the report identifies multiple risks to the outlook, including heightened vulnerabilities in the financial system such as a rise in non-performing loans that may limit private sector credit growth, potential policy discontinuity that could deter investment, delays in the execution of the capital spending budget affecting infrastructure development, and regional instability and trade disruptions that could reduce tourism and domestic demand.

"Nepal's economy is on a gradual recovery path," said Vice Chairman of the National Planning Commission Prof. Dr. Shiva Raj Adhikari. "Our focus on enhancing capital expenditure, particularly by completing nearly finished projects, along with reforms in the budgetary process, will strengthen macroeconomic stability, boost domestic productivity, and create more jobs."

Shocks in migrant-receiving countries such as the Gulf Cooperation Council countries and Malaysia, could also slow growth, impacting international remittances that are crucial for raising household consumption, reducing poverty, and developing human capital. However, migration from Nepal is costly, opportunities are unequal, and the process remains challenging for many. The report presents the latest evidence on the benefits and costs of Nepal’s emigration trend and highlights key policy interventions needed to build an inclusive migration management system aimed at ensuring sustainability and maximizing rewards, press release reads.

“Maintaining growth momentum is key to Nepal’s development. This requires continued reform in critical areas such as infrastructure, governance, human capital development, and developing an environment which encourages and supports the private sector,” said David Sislen, World Bank Country Director for Maldives, Nepal, and Sri Lanka. “Nepal has greatly benefited from remittances from overseas workers and improving the management of these inflows, better supporting Nepalis who choose to seek work abroad, and also building a vibrant domestic economy which allows for skilled Nepalis to be productive in Nepal is critical to the future of the country.”

According to press release, an inclusive migration management system would establish a transparent recruitment process, better prepare migrants to go abroad, ensure the safety and mobility of migrants in those labor markets, plan for long-term skills and destination diversification, and create an economic environment conducive to harnessing the capital and skills of returnees.

The Nepal Development Update, produced biannually, provides an in-depth analysis of significant economic developments over the past year, contextualizing them within a longer-term and global perspective.

Abhilasha Bista is perhaps one of Nepal’s top female tennis players. She took up the sport when she was studying in grade two in St Xavier’s School, Jawalakhel. The school used to host parents’ council games on the weekends and her father and brother would go to play tennis. Bista liked to sleep in late during the weekends but she eventually joined her brother to play tennis. This got her interested in the sport.

“I started playing internationally when I was around 11 years old. My first tournament was in Malaysia. I won two bronze medals in the under 12 girls and the doubles category,” says Bista. “After so much international exposure, I got to know about the professional prospect of the sport that I did not previously as nobody in Nepal had pursued it as a career.”

Bista, with her parents, would travel abroad for under-14 tournaments at the family’s own expense. As the years went by, she participated in the under-16 and then under-18 ITF tournaments which are world ranking tournaments. She scored about 400 in the under-18 world rankings when she was 16. She felt like she was on the right path to success.

The Covid-19 pandemic put a halt to things. “I feel those two years made me miss out on a lot of changes to better my skills. I feel that I could have reached the top 100-200 ranking if I had been able to play consistently,” she says. 

 After Bista completed her +2, she decided to pursue tennis professionally. She says she has always enjoyed the process and the hard work that the sport demands more than winning or achievements. “Although I was good in studies, I didn’t feel the sense of enjoyment that I got when I was playing tennis. I decided to pursue the sport professionally and that meant giving it more time,” says Bista, adding that she looked for an online university to enroll in so that she could continue her studies while having the time and mindspace required for tennis. She is currently studying Computer Science and is in her third year.   

 Bista’s routine is built around discipline and dedication to the sport. After waking up at 4:30 am, she takes her time to get ready for the day. She meditates and journals first and then does some light exercises. “I do a mobility session that includes stretching and rolling to warm myself before I get to court. The training lasts from six to eight in the morning,” she says. 

 There are days when there are extra fitness sessions and she’s in the court till nine or later. There’s also a second training session that runs from three to five in the afternoon. After she comes home, she says she has to do an hour of stretches and rolling to let her muscles recover. “Then I have dinner and go to sleep,” she says. 

Bista believes that as an athlete you have to take extra care of your mental health as physical exhaustion can take its toll. “There are many challenges to navigate and it can put a lot of unnecessary pressure. There have been challenges but I have been able to cope with things,” she says. 

Bista likes to believe in her abilities as well as put faith in God. “When I go for matches, I remind myself to enjoy the moment, and trust my hard work. I tell myself that the outcome doesn’t matter. If it’s not meant to be, it’s not meant to be,” she says. 

The athlete feels fortunate to be able to get the kind of support she gets from her family, especially her mother who has gone through a lot of challenges in life. She has been with Bista throughout her tennis career, egging her on and being a pillar of strength when things haven’t gone her way. “Many young Nepali athletes feel pressured by their parents to excel. But my parents are very understanding. My mother advises me, travels with me during the tournaments, and gives me great pep talks whenever anything goes wrong,” she says.  

Her parents, she adds, were with her right from the start. They helped her manage her time, juggling studies and tennis practice sessions. This, she says, helped her prioritize things and focus on what mattered. She wouldn’t go on school trips or take part in different extracurricular activities. For her, it was school, homework, and tennis practice.There was no time for anything else and neither did Bista want to do anything else. 

Her friends helped her by sending her class notes whenever she traveled for tournaments. It was sometimes difficult to juggle school with practice but Bista knew there was no way out. Does she regret it? The answer is a resounding no. She says things aren’t easy. It takes a lot of discipline to lead the kind of life she does but she wouldn’t have it any other way. 

Speaking of her plans for the future, she says, “My short-term goal in tennis is to enjoy every moment as I have worked so hard to get here. I’m the only tennis player in Nepal with a professional ranking. I have a lot of tournaments coming up, including the South Asian and Asian Games. My goal is to represent my country while also enjoying the moment.” 

One thing that troubles the young athlete is the pay gap between male and female players. She wishes this was something the sports council and the government would look into seriously. Players, she adds, should be judged on the basis of their abilities and nothing else. 

Being a sportsperson isn’t easy but Bista says if you are determined and dedicated there isn’t anything you can’t do. “You have to believe in yourself and be willing to work hard. Everything else will fall into place,” she says.

Nepal and the United States signed an agreement on the bilateral consultation mechanism.

The signing ceremony was held at the State Department in the US on Monday.

Foreign Minister Arzu Rana Deuba and Acting Undersecretary for Political Affairs, John Bass, signed the agreement from the respective sides.

The officials from Foreign Ministry of Nepal and the State Department of USA would dwell on a range of issues in the consultations and dialogues as per the agreement in Kathmandu and Washington DC.

The foreign ministers from both the countries held a discussion on the issues of common interest between Nepal and the USA.

The program was attended by Foreign Secretary Sewa Lamsal, Nepal's Charge de Affaires in the USA, Kumar Raj Kharel, and Assistant Secretary of State for South and Central Asian Affairs, Donald Lu.  

Foreign Minister Rana left for Doha on Monday itself.

Different parts of Nepal have experienced devastating floods and landslides triggered by monsoon rains in the past few months. Floods and landslides in the past few days have claimed many lives across the country, including in the Kathmandu Valley and the vicinity, displaced thousands of citizens and destroyed property/infrastructure worth billions of rupees like roads, complicating rescue efforts. The valley, a symbol of culture and natural beauty, now serves as a reminder of Nepal’s vulnerability to extreme weather events and natural disasters.

Nepal’s geography, home to the world’s highest peaks, also makes it prone to natural disasters such as floods and landslides. According to the Global Climate Risk Index 2021, Nepal is one of the most climate-vulnerable countries in the world. Around 80 percent of Nepal’s population is at risk of climate-induced hazards, as factors like melting glaciers and poor land management exacerbate these calamities. While the physical destruction is visible, the emotional and mental toll often goes unnoticed.

A mental health crisis

The human cost of disasters like the recent floods and landslides goes beyond the immediate loss of life and property. As survivors grapple with the destruction of their homes, the deaths of loved ones and displacement, many experience severe emotional and psychological distress. Grief, anxiety, depression and post-traumatic stress disorder (PTSD) are some of the mental health challenges that emerge in the aftermath of such disasters.

Impact on mental health

The short-term consequences of the ongoing disaster are evident—loss of life, destruction of homes, and thousands of displaced families. But as the immediate shock subsides, the long-term effects, especially on mental health, begin to surface. Individuals who endure repeated trauma from these disasters are at higher risk of chronic anxiety, depression, and other mental health disorders. Without adequate support, the trauma can result in lifelong emotional damage.

The absence of a comprehensive mental health policy in Nepal exacerbates the problem. Despite a growing mental health crisis, access to professional therapy and support is scarce, particularly in rural areas. Nepal faces a shortage of trained mental health professionals, and stigma around seeking psychological help remains prevalent.

Responding to the crisis

Amid the ongoing disaster response, mental health support must be given due priority. Mental health workers have been working at displaced sites, offering psychological first aid, group counseling sessions and therapies like trauma-focused therapy to help survivors cope with the crisis. Therapists are using techniques such as cognitive behavioral therapy (CBT) and individual therapy, which are useful in addressing their specific needs.

However, with limited resources, these efforts fall short of reaching everyone in need. The government, NGOs and international organizations must work together to integrate mental health services into disaster response programs. Public awareness campaigns are essential to challenge the stigma surrounding mental illness and encourage those affected to seek help.

Building resilience

While Nepal continues to contend with the ongoing floods and landslides, the country must also prepare for future disasters. Strengthening infrastructure, improving early warning systems and promoting sustainable land management are crucial steps toward reducing the impact of natural disasters. But equally important is addressing the mental health toll that these events leave in their wake.

To help the Nepali community heal both physically and mentally, it is crucial to encourage open dialogue about mental health and ensure access to necessary resources. Early intervention, community support and trauma-focused care can pave the way toward recovery and resilience.

The author is a psychiatrist 

French Ambassador to Nepal, Virginie Corteval, has expressed grief over the loss of life and property due to floods and landslides, while expressing her empathy to the government and the people of Nepal.

Speaking at a reception held to mark Nepal-France educational partnership, at her residence on Saturday evening, Ambassador Corteval said that she was saddened by the news of the loss of precious lives and property in the natural disaster, and said that the government of France and the French people express their heartfelt empathy and solidarity with the government and the people of Nepal at this hour of grief and crisis.

On a different note, she expressed her belief that the educational fair organized by targeting Nepalis who want to study in academic educational institutions of France would further advance the relationship between France and Nepal through the medium of education.

Ambassador Corteval also expressed her belief that Nepal would benefit from the provision of French scholarships for talented students of the country.

The higher education fair titled "Choose France Tour Nepal 2024" was held on September 28 at the Alliance Française in Pulchowk, Lalitpur.

As part of the French government's "Choose France" initiative, the fair provided Nepali students with various opportunities to pursue advanced studies, including Ph.D. programs and scholarships at top French institutions. Representatives from 17 leading universities, including Grandes Ecoles, and colleges offered programs across diverse fields, such as management, engineering, humanities, arts, architecture, and design.

Organized by the French Embassy in Nepal, in collaboration with Campus France, the fair provides students with counseling sessions, scholarship information, visa application guidance, and insights into student life in France.

In the fiscal year 2024/25, foreign direct investment (FDI) commitments in Nepal reached an all-time high, doubling from the previous year. The Department of Industry reported FDI commitments of Rs 61.9bn, compared to Rs 30.7bn in 2022/23. Despite this, actual investment inflow has remained low, with only Rs 8.4bn invested last year.

According to the Department of Industry and Nepal Rastra Bank (NRB), the situation is gradually improving, with Rs 12.12bn in FDI commitments made in just the first two months of the current fiscal year. Nepal has received a total of Rs 524.02bn in foreign investment so far, with 6,364 projects approved. These commitments could potentially create 333,908 jobs if the proposed projects are executed. However, the trend shows that actual FDI inflows have lagged behind commitments, despite several years of optimistic projections. Although recent legal reforms aimed at making Nepal more investment-friendly have contributed to an increase in approved FDI, the inflow of funds remains a challenge.

Arjun Sen Oli, director and information officer at the Department of Industry, noted that while investment commitments are promising, only 32-35 percent of committed funds have been invested so far. “Investment commitments are encouraging as they indicate that more funds are on the way,” he said.

In May, the government held its third investment conference, aiming to position Nepal as a prime investment destination. Both large and small investments are expected to materialize, though NRB data indicates that only a fraction of the committed investments has been realized.

Stakeholders believe that a stable government and consistent policies are crucial for further improvement. The Department of Industry has introduced a streamlined system for processing foreign investment proposals, making it easier for investors to apply from any country without needing to be physically present. This has helped create a more conducive environment for foreign investments. “This new system simplifies the proposal process and has enabled the government to foster a more investment-friendly market,” said Oli.

Additionally, the government has lowered the minimum threshold for foreign investments from Rs 50m to Rs 20m and removed limits on foreign investment in the IT sector. This has led to a surge in IT sector investments.

Inward foreign investment improves

Foreign investment into Nepal increased by 36.1 percent in the last fiscal year, according to data from the NRB. Although the government has introduced reforms to reduce investment fees and remove limits on IT sector investments, overall FDI inflows remain modest. In 2022/23, Rs 6.17bn was received, rising to Rs 8.40bn in 2023/24. However, this is still significantly lower than the Rs 18.56bn received in 2021/22, and other years have seen similarly fluctuating figures.

Economist Dilliraj Khanal believes that while recent commitments are encouraging, it will take time for these investments to materialize. “The commitments made last year are only now being implemented,” he said, adding that the government’s recent reforms have had a positive impact on IT investments, though overall FDI inflows remain underwhelming. He stressed that there is a significant gap between committed and actual foreign investment.

Khanal also noted that political stability and consistent policies are essential to attract more foreign investment. “The recent growth in investment is not surprising, given the lack of political stability and effective implementation of amended laws. The government's win-win approach is still not functioning effectively, making it harder to attract FDI.”

To build investor confidence, there is a need for more agile and transparent procedural arrangements, as well as an improved investment environment. Industry, Commerce, and Supply Minister Damodar Bhandari acknowledged that the investment environment has not developed as expected since the last investment conference. He cited political instability and the absence of a stable government as major obstacles. Bhandari recommended revising key policies, including the Mining Act, Commercial Policy, and the 2013 Industrial Policy.

Repatriation of foreign investment returns

A survey by the NRB revealed that in the fiscal year 2021/22, while Rs 18.56bn was committed, only 34.3 percent of this amount actually entered Nepal. Meanwhile, Rs 15.67bn was repatriated as dividends. In 2020/21, dividend repatriation exceeded FDI inflows, indicating a tendency for foreign investors to withdraw profits rather than reinvest.

Over the past 27 years, a total of Rs 411.5bn in FDI has been approved for Nepal. However, only 36.2 percent, or Rs 148.99bn, has actually entered the country. This highlights significant weaknesses in Nepal’s foreign investment sector, exacerbated by political instability and inconsistent policies. Economists argue that these challenges have limited Nepal’s ability to attract and retain meaningful foreign investment.

Nepal-China joint military drill is taking place in Southwest China's Chongqing municipality, with a type of ball-shaped reconnaissance drone making its debut.

An opening ceremony was held for the Sagarmatha Friendship-2024 joint army drill at a training base in Southwest China's Chongqing Municipality on Sunday, the Xinhua News Agency reported. It is the fourth edition of the Sagarmatha Friendship series of exercises between the Chinese and Nepali militaries, with the previous drill held five years ago in 2019. The drill began in 2017.

Under the theme of joint anti-terrorism operations in urban blocks, the joint training will include light arms shooting, anti-terrorism group tactics, drone operations, emergency rescues and a comprehensive anti-terrorism exercise, with the aim of boosting capabilities in fields such as multidimensional search, mobile infiltration and armed rescue in joint operations, according to Xinhua.

 After the opening ceremony, the Chinese side displayed more than 20 pieces of equipment in three categories, namely light arms, reconnaissance gears for anti-terrorism missions and equipment, China Central Television (CCTV) reported.

Intelligent reconnaissance equipment attracted particular attention, including a type of robot dog, a type of through-wall radar and a type of self-propelled ball-shaped reconnaissance drone, the report said. The gear will provide extra combat capabilities in the joint exercise, CCTV said.

A CCTV clip showed that the ball-shaped reconnaissance drone, equipped with a camera and sensors, can be held with one hand. After viewing the clip, a Beijing-based military expert who requested anonymity told the Global Times on Sunday that the mini ball-shaped drone can move through urban areas by rolling on the ground with little noise and avoiding hostile detections. The small drone is expected to cost little, but can significantly reduce the risk of personnel exposure under dangerous environments, the expert said.

During the exercise, the two sides will also conduct exchanges on disaster relief operations, tackling natural disasters such as earthquakes, snow damages and debris flow, in addition to a series of cultural exchanges to enhance mutual trust and understandings, Xinhua reported.

With more frequent glacial lake outburst floods occurring in Nepal and with the Secretary General of the United Nations, Antonio Guterres, launching an SOS from the South Pacific Nation of Tonga asking for nations to “Save our Oceans”, climate action is not an option but an imperative.

We should paraphrase and recontextualize the advice given by Michelle Obama during the recently held Democratic National Convention when she encouraged her fellow democrats in the USA “to do something” to win the elections in November. Indeed, we need to “do something” to stem climate warming and repurpose our industries and societies towards a meaningful and net zero scenario. Pathways must be found to give a voice to youths because without their engagement and advocacy, climate action won’t really happen.

While there are many ways for youths and the general population to be, not only part of the conversation on climate warming but also be truly engaged on it, it is paramount to create platforms where young people can truly express their concerns and provide new ideas and propositions.

I am referring to enabling youths to be involved in the sphere of policy making, by ensuring that their contributions, either in the forms of projects or in terms of innovative approaches for new progressive laws and regulations, do matter and are taken into consideration. With Nepal preparing its 3rd Nationally Determined Contributions or NDC, the document that each signatory party to the Paris Agreement must present with its commitments to reduce greenhouse emissions, having youths firmly involved in climate related decision making, can make a huge difference.

One venue for them to start working at policy level is the Local Conference of Youth or LCOY, a national forum under the umbrella of YOUNGO that is officially recognized as the constituency of young people within the United Nations Framework Convention on Climate Change (UNFCCC).

At the beginning of August, Nepal held its own national version of LCOY over two days of intensive discussions.

It was jointly organized by Youth Action for Sustainable and Eco Nepal (YASEN) and Sustainability Week Kathmandu (SWK) after months of hard work that included a myriad of in person and online interactions with a main national event bringing together 200 young leaders. I approached the organizing team to have a better understanding of the initiative and its significance.

If the federal government in Kathmandu is truly committed to work with young people, then a platform like LCOY can turbocharge innovative ideas and ensure that bold commitments are going to be included in the NDC 3.0.

The Focal Point of LCOY Nepal, Dikshya Subedi who is also the Founder of YASEN shared her reflections. "LCOY Nepal 2024 was a powerful demonstration of youth-led climate action, bringing together diverse voices from across the country to address the pressing issue of climate change”

“I have witnessed firsthand the dedication, passion, and collaboration that made this conference an extraordinary platform for youth engagement and climate action. LCOY Nepal 2024 was more than just a gathering; it was a testament to the power of collective action and the unwavering commitment of young individuals to drive positive change”.

“This year's conference brought together diverse voices from across Nepal, each contributing unique perspectives and innovative solutions to the pressing issue of climate change. Our goal was to create a platform where young people could contribute innovative solutions and be recognized as key stakeholders in global climate discussions”.

Subedi recounted how the overarching preparation was a huge task across multiple interlinked sectors with a real effort to involve youths from all backgrounds as diversity and inclusion are two essential features to ensure climate justice.

“It was intense, requiring immense dedication and collaboration from our team and partners. We discussed critical themes like indigenous knowledge, climate resilience, and sustainable practices, leading to actionable resolutions”.

For Ganesh Paudel, the Technical Lead, LCOY Nepal 2024, the whole experience was “transformative”.

“Our mission was to gather youth from various regions to address climate change issues, pushing back against the false notion that this event was just for certificate seekers. We wanted to empower young people to voice their concerns and take action against the climate crisis. The success of this event is a testament to the dedication of our organizers, volunteers, and partners. I’m proud of the collaboration and impact we’ve achieved, and I’m confident that the discussions and resolutions from LCOY Nepal 2024 will resonate in global forums like COP."

Hemanshu Kafle who, as Design Lead, was in charge of putting together all the sessions in coherent flow, believes that the whole process, not only the two days of final discussions, was a game-changer.

He highlighted to me that an initiative like LCOY” truly enables youths to lead in global climate discussions”.

Indeed, we need both a new process of decision making in the field of climate action centered around empowerment, the dynamics that help young people build and strengthen their agency and ownership.

And yes, we need tons of shared, grounded but at the same time bold, values-based leadership among young people to tackle climate change head on.

Kafle also echoes the win-win approach based on multi-stakeholders’ involvement.

“The event’s success was the result of meticulous planning and support from partners like UNICEF Nepal, ICIMOD, UNDP, Nelis Nepal, WYCJ, SHE CHANGES CLIMATE. We tackled vital themes like indigenous knowledge, climate resilience, and sustainable forestry”.

What about the way forward?

The second day of the LCOY focused on drafting a so-called National Youth Statement, a series of key priorities that should be addressed by the Federal Government while drafting its NDC 3.0.

It is a blueprint centered around the importance of building the capacity of young people while meaningfully allowing them to have a real voice, a voice that should not be discounted, a voice that instead should be taken into account by politicians.

“Moving forward, we aim to translate the energy from LCOY into actionable outcomes, presenting our resolutions at COP events and continuing to strengthen youth networks across Nepal” Kafle shared.

Subedi added, “We are serious at ensuring that the voices of Nepali youth are heard on the global stage”.

For her, the LCOY 2024 “is just the beginning of a broader movement, and we are committed to continuing our work towards a more resilient and equitable future."

Indeed, this is just a start but ideally, we should find ways to institutionalize events like LCOY rather than being a once in a year process. This for me it’s the real challenge that goes at the heart of the current governance system. It is a general problem, not only specific to Nepal but governance at national and local levels should be reformed in a way to truly give a permanent voice to young people.

Consultative processes are good but actually we need a major reform of the entire system, creating a new space to ensure young people’s right to participate and have a role in the decision-making process. Will politicians, in Nepal and elsewhere, realize the urgency of taking bold actions by involving and engaging young people? What should it take for them to really have agency and a seat where decisions are made?

LCOY like events are important because they can help us imagine a different way of doing “politics”. Climate change could become not only the spark of a new wave of civic engagement but a stepstone to rethink democracy in its entirety.

An International Monetary Fund (IMF) staff team, led by  Sarwat Jahan, conducted a staff visit to Kathmandu during September 11-22, 2024, to discuss recent macroeconomic developments and the implementation of the Extended Credit Facility (ECF)-supported program.

At the conclusion of the visit,  Jahan, issuing a press statement, said that Nepal’s economy is showing early signs of recovery.

 Incoming high-frequency data shows import growth is entering into positive territory, tax collections are improving, and public investment is picking up. Credit growth is recovering while remaining appropriately below nominal GDP growth. Inflation continued to decelerate to around 3.6 percent by mid-July, partially reflecting favorable commodity prices and weak demand. International reserves continued to rise, underpinned by robust remittances, recovering tourism, and still subdued imports.

“Accelerating the reform momentum is critical to put the economy on a path towards sustainable, strong, and inclusive economic growth. This will require enhancing public investment execution, further strengthening of domestic revenue mobilization, and prompt disbursement of Child Grants. As banks deal with elevated non-performing loans and capital constraints, continued vigilance is necessary, including by continuing to strengthen regulation and completing the loan portfolio review of the largest 10 banks. Addressing vulnerabilities among the savings and credit cooperatives remains a priority. The recent amendments to the Anti-Money Laundering Act are a welcome step. Amending the Nepal Rastra Bank (NRB) Act, completion of NRB’s external audit and increasing public enterprise’s transparency will enhance governance and accountability. The Investment Facilitation Act will bolster Nepal’s investment climate.

“The authorities’ ongoing efforts in meeting key commitments under the Fund-supported program, with the support of IMF’s technical assistance, are welcome. Performance under the program will be formally assessed in the context of the fifth review of the program.

“The IMF team held meetings with the Honorable Deputy Prime Minister and Minister of Finance Mr. Bishnu Prasad Paudel, the Nepal Rastra Bank Governor Mr. Maha Prasad Adhikari, the National Planning Commission Vice-Chairman Dr. Shiva Raj Adhikari, and other senior government and central bank officials. The IMF team also met with representatives from the private sector and development partners. Ms. Duttagupta, Deputy Director in the IMF’s Asia and Pacific Department, attended key meetings. “The IMF team is grateful to the Nepali authorities for their warm hospitality and for constructive discussions.”

As Nepal transitions into a federal structure, the Social Welfare Council (SWC) plays a pivotal role in coordinating social welfare initiatives among various stakeholders, including non-governmental organizations (NGOs) and international non-governmental organizations (INGOs). Established under the Social Welfare Act of 2049, the SWC’s mission is increasingly vital as it seeks to meet the diverse needs of the population while adapting to a complex political landscape.

Nepal’s move to federalism has introduced significant changes in governance and service delivery. The SWC faces several challenges in this new environment:

Fragmentation of authority: Power is now decentralized, requiring the SWC to coordinate effectively across federal, provincial, and local levels. This fragmentation can lead to inconsistencies in policy implementation, making it essential for the SWC to establish robust communication channels.

Resource allocation: Government priorities may shift based on political dynamics, impacting the funding and support available for social welfare initiatives. This uncertainty complicates the planning and execution of programs aimed at vulnerable populations.

Stakeholder engagement: The SWC must balance the interests of local governments, NGOs, and community members, fostering collaboration to avoid service delivery overlaps and ensure cohesive efforts.

Operational landscape

Clients and beneficiaries: The SWC’s primary focus is on marginalized groups, including women, children, the elderly, and persons with disabilities. Programs must be tailored to address specific social challenges, such as poverty, discrimination, and access to healthcare and education.

Staff capacity and expertise: The effectiveness of the SWC hinges on its personnel. Continuous professional development is crucial for staff to navigate the complexities of federalism and effectively support local NGOs.

Board and governance: The SWC's governance structure must include diverse representation to reflect the multifaceted nature of social issues in Nepal. The SWC board should be led by a professional politician while the line ministry should be an oversight body. Strengthening the executive committee can lead to more informed and inclusive decision-making processes.

Strategic recommendations

To enhance the SWC’s operational effectiveness in the federal context, consider the following strategies:

• Enhanced coordination mechanisms: Develop clear protocols for communication and collaboration among the SWC, local governments, and NGOs. Regular joint planning sessions can ensure alignment on priorities and enhance the effectiveness of social welfare programs.
• Decentralized decision-making: Empower local SWC branches to make decisions regarding funding and program implementation. This approach allows for greater responsiveness to local needs and quicker adaptations to changing circumstances.
• Prioritized capacity building: Invest in training programs for SWC staff and affiliated NGOs, focusing on project management, monitoring and evaluation, and community engagement. A well-trained workforce is essential for effective service delivery.
• Transparency and accountability: Implement robust financial management and reporting mechanisms to build trust among stakeholders. Regular audits and public disclosures of funding and expenditures can enhance the SWC’s credibility.
• Collaboration with local organizations: Strengthen partnerships with local NGOs and community-based organizations to leverage their knowledge and networks. This collaborative approach can enhance outreach and ensure programs are culturally sensitive.
• Advocacy for sustainable funding: Engage in advocacy efforts to secure stable funding from government sources, international donors, and private sector partners. Diversifying the funding base will enable the SWC to sustain its operations and expand its reach.

The Social Welfare Council is at a critical juncture as it navigates the complexities of a federal Nepal. By enhancing coordination mechanisms, decentralizing decision-making, investing in capacity building, and fostering collaboration with local organizations, the SWC can significantly strengthen its impact. These strategic adaptations will empower marginalized communities and align the Council’s operations with the overarching goals of the Nepalese government, fostering a more equitable and just society. The SWC’s proactive approach is essential for advancing social welfare initiatives and improving the lives of vulnerable populations across Nepal.

The United States Agency for International Development (USAID) and the Government of Nepal have officially launched the USAID Agricultural Direct Financing project, a $21m government-to-government (G2G) initiative aimed at advancing food security in Nepal. The announcement was made during a virtual event on Monday, which also saw the unveiling of the US government’s new five-year Global Food Security Strategy (GFSS) Nepal Country Plan 2024-2028.

The Agricultural Direct Financing project will support the federal, provincial, and municipal governments in Lumbini and Sudurpaschim provinces, helping them plan and implement agricultural development programs. The initiative aims to benefit 69,000 people across 53,000 hectares, introducing modern farming technologies to boost agricultural productivity.

The newly announced GFSS Nepal Country Plan 2024-2028 seeks to reform Nepal’s agricultural and food systems to reduce poverty, hunger, and malnutrition. It focuses on 26 districts in the Tarai and select hill regions, with an expanded emphasis on Madhesh province to better assist vulnerable communities.

Speaking at the launch event, US Ambassador to Nepal, Dean R Thompson, said, “This new GFSS Nepal Country Plan will strengthen the United States’ partnership with Nepal, the private sector, and local communities to achieve inclusive, resilient, and sustainable growth. Our new government-to-government agreement is a testament to our collective commitment to advancing food security in Nepal.”

Nepal’s Minister of Agriculture and Livestock Development, Ramnath Adhikari, described the launch as a significant milestone in the longstanding partnership between Nepal and the US. “Nepal is committed to this collaboration as we work together to enhance food security and promote sustainable development,” he added.

India’s efforts to boost its one-horned rhino population are being hailed as a major success, drawing parallels to Nepal’s conservation achievements. Over the past four decades, India’s rhino population has surged from 1,500 to over 4,000, according to data released on World Rhino Day.

This progress mirrors Nepal’s own triumph in protecting the one-horned rhinoceros, particularly in Chitwan National Park, where community involvement and anti-poaching efforts have been key. Nepal has long been recognized for its effective conservation strategies, serving as a model for neighboring India.

Much like Nepal’s approach, India’s success has hinged on collaboration between forest departments and local communities. The rhino populations in both countries are vital to maintaining the biodiversity of the region, with Assam’s Kaziranga National Park and Nepal’s Chitwan National Park being prime habitats.

Globally, rhino populations have drastically decreased, but the greater one-horned rhino has made a strong comeback in both Nepal and India. Yet, challenges remain. Poaching, fueled by the demand for rhino horns in China and Vietnam, still threatens these vulnerable species. As India follows in Nepal's footsteps, both nations must continue to enhance their conservation efforts to ensure these iconic animals thrive for future generations.

Prime Minister KP Sharma Oli has said that Nepal is clear in its view that carbon emitting countries should compensate the non-emitting countries.

Prime Minister Oli, who is in New York to attend the 79th United Nations General Assembly (UNGA), leading the Nepali delegation, said this while addressing as the keynote speaker at a program on Parliamentarians for Fossil Fuel Free, on Saturday.

Stating that Nepal has helped reduce the climate change impact through zero carbon emission, he stressed on compensating the communities suffering from climate change impact due to the emissions by the developed countries. He presented the case of the snow melting in the Nepal Himalayas, including Sagarmatha (Mt Everest).

PM Oli called on the developed countries of the world to increase funding for future climate adaptation as established by the Paris Agreement. "Our future is bright because we are investing for the future," he said.