Nepal Seeks World Bank Loan to Fight Air Pollution
Nepal's government is negotiating a loan from the World Bank to fund a project to fight air pollution, despite raising billions of rupees from taxing fossil fuel over the past 16 years.
The proposed $147.9 million Nepal Clean Air and Prosperity Project aims to help industries reduce emissions, strengthen air pollution control mechanisms, and improve emergency response.
"With regard to the loan size, the amount is being finalized with the government based on the cost of the detailed project activities,"
said Akash Babu Shrestha, a spokesperson for the World Bank in Nepal.
The project's goal is to improve air quality and reduce pollution-related issues in the country.
Author's summary: Nepal seeks loan to combat air pollution.More News
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