Himal Press 
KATHMANDU: The World Bank has approved a $100 million development policy operation (DPO) to help Nepal strengthen its ongoing efforts to implement green, resilient and inclusive development.
According to a press statement issued by the World Bank, this is the second in a programmatic series of three DPOs which aims to improve the enabling environment for Nepal’s sustainability pathway.
“This programmatic DPO series is a catalyst for Nepal to build greater resilience and sustainability, and drive and protect the basis for long-term growth for all Nepalis,” said David Sislen, World Bank Regional Country Director for Maldives, Nepal, and Sri Lanka. “This operation supports Nepal’s policy program in a variety of sectors including green fiscal instruments, water security, irrigation, land use and management, sustainable forest management, and climate and disaster information systems.”
Since 2021, the government has laid out an ambitious program of action in the area of environmental sustainability, resilience and inclusive development. This approach recognizes the need for a development model to address the intertwined challenges of joblessness, pandemics, expanding economic opportunities for vulnerable groups, and climate and other environmental risks that impact Nepal’s people, prosperity and environment.
According to the World Bank, these policies aim to improve air quality, expand hydro-meteorological services to better disaster risk reduction, improve water security by boosting year-round irrigation and safe water supply, strengthen community forest management, and enhance land use planning.
