ADB, IDA, AND SWITZERLAND PARTNER TO STRENGTHEN NEPAL’S DISASTER RISK MANAGEMENT AND BUILD CLIMATE-RESILIENT INFRASTRUCTURE

ADB, IDA, and Switzerland Join Forces to Strengthen Nepal’s Climate Resilience

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. The agreement reaffirms their collective commitment to helping the Government of Nepal improve disaster risk management and develop infrastructure resilient to climate change.

Nepal is increasingly exposed to climate-induced hazards such as floods, droughts, landslides, and glacier melt. These challenges continue to cause severe economic and human losses while forcing many families to relocate. Key sectors that depend heavily on natural resources, particularly hydropower — a cornerstone of Nepal’s economy — are especially at risk.

“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.”

— 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.”

— Arnaud Cauchois, ADB Country Director for Nepal

Summary

The ADB, IDA, and Switzerland signed a three-year deal to help Nepal manage disaster risks and build durable, climate-resilient infrastructure for sustainable growth.

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World Bank Group World Bank Group — 2025-11-06