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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.  

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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
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