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Identification And Prioritization Of Barriers To Access International Climate Finance For Nepal

Author

Listed:
  • (Corresponding author) Shobhakar Dhakal

    (Asian Institute of Technology (AIT))

  • Melissa Pradhan

Abstract

This study covers perceived and prioritized barriers to access climate funds, using Nepal as a case for least developed countries. A comprehensive picture of the climate finance flow in Nepal is presented and barriers to access international climate finance are identified. These barriers are prioritized based on their importance and potentials to be removed. Out of the 63 identified barriers, most prominent ones are inadequate ministerial coordination, limited evidence-based research and limited understanding of public–private partnerships. Despite some successes in accessing climate finance, key challenges remain. Among them are low disbursement, inadequate information-base and limited choice of financial instruments.

Suggested Citation

  • (Corresponding author) Shobhakar Dhakal & Melissa Pradhan, 2023. "Identification And Prioritization Of Barriers To Access International Climate Finance For Nepal," Asia-Pacific Sustainable Development Journal, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), vol. 30(1), pages 121-148, May.
    • Handle: RePEc:unt:japsdj:v:30:y:2023:i:1:p:121-148
    as

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    References listed on IDEAS

    as
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    least developed countries; climate change; climate funds;
    All these keywords.

    JEL classification:

    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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