In 2021, Nepal adopted the Green, Resilient and Inclusive development (GRID) approach to systematically address the impacts of COVID-19 and Nepal's structural challenges, including slow domestic job creation, a high vulnerability to climate change and environmental degradation, low rates of inclusion, and large infrastructure gaps.
The GRID approach involves a fundamental shift in managing risk and development: from simple reactive response mode to a deliberate proactive recovery strategy for long-term green growth, climate action, and sustainable development for all.
Under the leadership of the Government of Nepal, the GRID approach is supported by development partners who have been convened with the co-leadership of the World Bank and UK FCDO, to align financial and non-financial support.
Development partners have already committed $3.2 billion in resources and identified up to $4.2 billion in potential future support in GRID relevant sectors.
Nepal¡¯s GRID approach builds on several strategic initiatives such as Nepal¡¯s Nationally Determined Contribution and its 2020 Relief, Recovery, and Resilience (3R) Plan.
The high-level GRID roundtable is an important milestone to set the direction and provide insights for the Government to prepare its GRID Strategic Action Plan for the next decade and beyond. The Roundtable is organized by the Government of Nepal, World Bank, and British Embassy Kathmandu. It aims to:
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Last Updated: Sep 23, 2021
Time | Agenda Item |
5:34 ¨C 6:07 pm | Opening Session |
¡¤ Opening and keynote remarks by Mr. Hartwig Schafer, Vice President, South Asia Region, World Bank, (present in Kathmandu) ¨C setting the stage for discussion. ¡¤ Remarks by Dr. Anne-Marie Gulde-Wolf, Deputy Director, Asia and Pacific Department, International Monetary Fund (virtual) ¡¤ Remarks by Mr. Jean-Louis Ville, Director Middle East, Asia and Pacific of the Directorate General for International Partnerships, European Commission (virtual) ¡¤ Remarks by Mr. Ken O¡¯Flaherty, United Kingdom Regional Ambassador for Asia Pacific and South Asia at COP26 Climate Summit (physically present) ¡¤ Remarks by Mr. Neil Buhne, Regional Director, United Nations Development Coordination Office, Asia-Pacific (virtual) ¡¤ Remarks by Mr. Shixin Chen, Vice-President, South Asia Department and Central and West Asia Department, Asian Development Bank (virtual) | |
6:07 - 6:17 pm | Presentation by Mr. Madhu Kumar Marasini, Finance Secretary, Government of Nepal Nepal¡¯s Transition to GRID: Vision, Priorities, Actions |
6:18 - 7:15 pm | Roundtable Discussion |
Discussants: 1. Mr. Shanker Das Bairagi, Chief Secretary, Government of Nepal 2. Mr. Arnico Panday, Advisor, National Planning Commission 3. Mr. Kushal Gurung, Founder and Chief Executive Officer, Windpower Nepal Pvt. Ltd./ Member, Energy Development Council 4. Ms. Nilam Dhungana Timsina, Deputy Governor, Nepal Rastra Bank 5. Ms. Radha Wagle, Division Chief and Joint Secretary, Ministry of Forests and Environment 6. Ms. Sima Kumari Chhetri, Mayor, Putalibazar 7. Ms. Sneha Pandey, Climate Policy Analyst, Climate Analytics 8. Mr. Sunil KC, CEO, NMB Bank Limited/Executive Committee Member, Federation of Nepal Chamber of Commerce and Industries | |
7:16 pm | Closing remarks by Honorable Mr. Janardan Sharma, Minister of Finance of Nepal |
7:30 pm | Moderator closes formal session |
7:31 pm | Signing of the Kathmandu Declaration on GRID |