Nepal secures $36.1 million Green Climate Fund grant to combat...

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Nepal secures $36.1 million Green Climate Fund grant to combat glacial flood threats

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KATHMANDU: The Green Climate Fund (GCF) has approved a grant of $36.1 million to help Nepal mitigate the growing threat of glacial lake outburst floods (GLOFs), a major and accelerating climate risk in the Himalayan region. The decision was endorsed at the 42nd GCF Board Meeting held Tuesday in Papua New Guinea, where Nepal’s proposal […]

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