Kathmandu, Nepal (5 November 2025) — The Asian Development Bank (ADB), the World Bank Group’s International Development Association (IDA), and the Swiss Agency for Development and Cooperation (SDC) have entered into a three-year Memorandum of Understanding (MoU). The agreement reinforces their joint commitment to assist the Government of Nepal in improving disaster risk reduction and management while advancing climate-resilient infrastructure.
Nepal is facing growing risks from climate-related disasters such as floods, droughts, landslides, and the melting of glaciers. These events have caused serious human and economic losses and continue to threaten communities throughout the nation. Key sectors like hydropower, essential for Nepal’s economic growth, are especially exposed to these environmental pressures.
“Investing in climate-resilient infrastructure and disaster risk management has never been more critical. These investments will not only strengthen communities and safeguard essential assets but also create jobs and foster long-term economic growth,” said Arnaud Cauchois, ADB Country Director for Nepal.
“Through strengthened coordination and technical cooperation, ADB, IDA, and SDC aim to support Nepal in building resilience to climate impacts and ensuring that investments bring lasting benefits to people across the country,” said Arnaud Cauchois.
The partnership underscores a shared vision to empower Nepal to adapt to climate pressures, reduce vulnerabilities, and promote sustainable development through coordinated international support.
This partnership reflects growing global cooperation to help Nepal confront escalating climate challenges and invest in lasting, resilient development.