Manila: The Asian Development Bank (ADB) on Thursday said it has approved more than $285 million in financing for two projects to make Nepal greener and help it address climate change risks and geophysical events. “Nepal’s path to sustainable development faces challenges from a combination of climate-induced and geophysical hazards, along with high exposure and vulnerability of communities, infrastructure, and systems,” said ADB Country Director for Nepal Arnaud Cauchois. The ADB said in its press release that it is providing 100 million dollars toward subprogram 1 of the Green, Resilient, and Inclusive Development (GRID) Program through a policy-based loan. The loan supports the government
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