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High-Level Event: Investing in Nepal¡¯s Green, Resilient, and Inclusive Development (GRID) Priorities

November 2, 2023
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The Ministry of Finance and the development partners are convening a high-level event on Investing in Nepal¡¯s Green, Resilient, and Inclusive Development (GRID) Priorities on November 2, 2023. The objectives of the event are:   

  1. To assess the progress of Nepal¡¯s Green, Resilient, and Inclusive Development (GRID) partnership platform in operationalizing GRID, with a focus on committing to the investment and policy priorities in the GRID Strategic Action Plan (SAP) ; 
  2. To build momentum on the next steps to help institutionalize GRID beyond short-term planning and financing cycles.  

The Green, Resilient, and Inclusive Development (GRID) approach addresses the interconnected challenges facing Nepal¡¯s development prospects, such as the jobless recovery from COVID-19, climate risks, natural capital depletion, and persistent social exclusion.?To tackle these challenges, the Government of Nepal and 16 Development Partners endorsed the ¡°Kathmandu Declaration on GRID¡± in September 2021.  

The Kathmandu Declaration kickstarted the development of the GRID Strategic Action Plan (GRID SAP), 2024-2034, which defines a well-funded multi-sector program to drive an economy-wide shift to a GRID path. The GRID SAP identifies external financing requirements for 10 priority transitions over 10 years. This financing is complemented by new policy frameworks and a strong partnership platform across diverse stakeholders, sectors, and sources of finance, including significant public expenditure and opportunities for mobilizing the private sector. 

Event Details

  • Date: Thursday, November 2, 2023
  • Time: 2:30 pm - 4 pm (KTM)
  • CONTACT: Email us for more information 
  • infonepal@worldbank.org