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Nepal
Global Programme on Sustainability
Department for Environment, Food, and Rural Affairs
The programme supports sustainable economic growth that is both long-lasting and resilient to climate-related stressors. It does this through the integration of natural capital into decision making by governments, the private sector and financial institutions. The inability to value natural capital can undermine long-term growth and critically, the livelihoods of the poorest people dependent on ecosystems for their livelihoods. This programme directly addresses this challenge by (i) investing in data and research on natural capital; (ii) assisting countries to integrate this analysis into government policy making; and (iii) integrating this data and analysis into financial sector decision making.
Darwin Initiative
Department for Environment, Food, and Rural Affairs
The Darwin Initiative is the UK’s flagship international challenge fund for biodiversity conversation and poverty reduction, established at the Rio Earth Summit in 1992. The Darwin Initiative is a grant scheme working on projects that aim to slow, halt, or reverse the rates of biodiversity loss and degradation, with associated reductions in multidimensional poverty. To date, the Darwin Initiative has awarded more than £195m to over 1,280 projects in 159 countries to enhance the capability and capacity of national and local stakeholders to deliver biodiversity conservation and multidimensional poverty reduction outcomes in low and middle-income countries. More information at https://www.gov.uk/government/groups/the-darwin-initiative. This page contains information about Rounds 27 onwards. For information about Rounds 1 to 26, please see the Darwin Initiative website -https://www.darwininitiative.org.uk/
Illegal Wildlife Trade Challenge Fund
Department for Environment, Food, and Rural Affairs
Illegal wildlife trade (IWT) is a widespread and lucrative criminal activity causing major global environmental and social harm. The IWT has been estimated to be worth up to £17 billion a year. Nearly 6,000 different species of fauna and flora are impacted, with almost every country in the world playing a role in the illicit trade. The UK government is committed to tackling illegal trade of wildlife products and is a long-standing leader in efforts to eradicate the IWT. Defra manages the Illegal Wildlife Trade Challenge Fund, which is a competitive grants scheme with the objective of tackling IWT and, in doing so, contributing to sustainable development in developing countries. Projects funded under the Illegal Wildlife Trade Challenge Fund address one, or more, of the following themes: • Developing sustainable livelihoods to benefit people directly affected by IWT, • Strengthening law enforcement, • Ensuring effective legal frameworks, • Reducing demand for IWT products. By 2023 over £51 million has been committed to 157 projects since the Illegal Wildlife Trade Challenge Fund was established in 2013. This page contains information about Rounds 7 onwards. For information about Rounds 1 to 6, please see the IWTCF website -https://iwt.challengefund.org.uk/
Floating Instream Tidal and Solar (FITS) Power Plant - Nepal Pilot Project
DEPARTMENT FOR SCIENCE, INNOVATION AND TECHNOLOGY
Harvesting hydrokinetic energy from running river water presents a highly attractive addition to the existing renewable energy sectors. Critically, and unlike most other renewables, this technology guarantees a predictable and consistent energy output which can contribute to the baseload power requirements of its energy off-takers. AEL has developed an innovative hybrid technology which couples run-of-river hydrokinetic generation with solar - the Floating Instream Tidal and Solar (FITS) power plant. FITS technology has been specifically optimized for river deployments, and is scalable to enable both energy access and utility scale power generation. This project will deliver the first fully developed FITS pilot, supplying constant renewable power to an off-grid community in rural Nepal. The electricity supplied will be used to provide lighting and cooking facilities to households in the community, and will additionally power water filtration and pumping equipment, providing access to clean water for drinking and water for agricultural industry.
NMB Bank Ltd.
British International Investment plc
NMB Bank is one of Nepal's leading commercial banks, with 201 branches across Nepal. It is licensed as an "A" financial institution by Nepal Rastra Bank and was founded in 1996. It currently serves a range of large and medium-sized business customers.
WorldLink Communications Limited
British International Investment plc
WorldLink is the largest private sector internet service provider in Nepal.
Dolma Impact Fund II
British International Investment plc
Established in 2014, Dolma Fund Management is a private equity fund manager focused on highly impactful investments in critical sectors in Nepal.
Dolma Impact Fund II invests primarily in renewable energy, healthcare and technology in Nepal.
NMB Bank Limited
British International Investment plc
The loan will allow NMB to lend to key sectors of the Nepalese economy, including infrastructure and agriculture, as well as growing the proportion of loans to MSMEs.
WorldLink Communications Limited
British International Investment plc
WorldLink is the largest private sector internet service provider in Nepal.
NMB Bank Ltd.
British International Investment plc
NMB Bank is one of Nepal's leading commercial banks, with 201 branches across Nepal. It is licensed as an "A" financial institution by Nepal Rastra Bank and was founded in 1996. It currently serves a range of large and medium-sized business customers.
Laxmi Sunrise Bank Ltd.
British International Investment plc
Laxmi Sunrise Bank is a leading "KA" class commercial bank in Nepal, formed in July 2023 by the merger of Laxmi Bank and Sunrise Bank. Headquartered in Kathmandu, it is one of Nepal's largest commercial banks, focusing on digital transformation, robotic process automation, and sustainable banking, with branches across the nation
Nepal Water and Energy Development Company
British International Investment plc
BII has committed to providing financing for the construction of a landmark hydro-electric plant in central Nepal, Upper Trishuli-1.
WorldLink Communications Limited
British International Investment plc
WorldLink is the largest private sector internet service provider in Nepal.
Dolma Impact Fund II
British International Investment plc
Dolma Impact Fund II invests primarily in renewable energy, healthcare and technology in Nepal.
Dolma Impact Fund II
British International Investment plc
Dolma Impact Fund II invests primarily in renewable energy, healthcare and technology in Nepal.
Enhancing Gender Outcomes through Social Services Systems Strengthening (Samartha)
UK - Foreign, Commonwealth Development Office (FCDO)
This programme will focus on improving the systems and capacity of local government to deliver its social service mandates with a specific focus on improving access to quality health and education services, especially by women, girls and excluded groups. This will be complemented with national policy support in the Health and Education sectors to ensure sector policies and resource allocations align to support Nepal in building responsive and resilient Health and Education systems.
Nepal in Business (NIB) Programme
UK - Foreign, Commonwealth Development Office (FCDO)
The Nepal in Business programme will unlock economic prosperity by generating inclusive growth, expanding businesses, and addressing income poverty in Nepal. The programme will do this by supporting and financing small and medium sized enterprises (SMEs) to build organisational effectiveness through improved management and productivity, to achieve business growth and create jobs. It will partner with government to create a more conducive business environment in Nepal, delivering the reforms that matter to improve the ease of business. It will establish a recyclable fund to improve access to finance for SMEs by crowding-in commercial finance.
Public Financial Management Multi Donor Trust Fund – Phase II
UK - Foreign, Commonwealth Development Office (FCDO)
The programme provides support to strengthen Nepal’s Public Finance Management (PFM) systems in the context of the implementation of federalism.
The Evidence Fund - 300708
UK - Foreign, Commonwealth Development Office (FCDO)
The Evidence Fund procures and manages research and evaluations that primarily benefit ODA eligible countries. Most research and evaluations paid for by the Evidence Fund are country-specific, and all respond to requests for evidence to inform programme or policy decisions. Primarily serving research requests from HMG’s Embassies and High Commissions in ODA eligible countries, and from HMG policy and strategy teams, the Evidence Fund strengthens the evidence behind the UK’s priority international development investments and development diplomacy. The Evidence Fund also invests modest amounts of non-ODA, to strengthen the evidence behind wider UK foreign policy.
Green Growth Nepal
UK - Foreign, Commonwealth Development Office (FCDO)
GGN will increase green, resilient, and inclusive growth by expanding investment in green industries and services, improving climate-resilient infrastructure, and strengthening sustainable economic policy and facilitating economic opportunities across Nepal. This will create prosperity while protecting the environment and the natural assets that underpin sustainable growth in Nepal.