On November 5, 2025, the Asian Development Bank (ADB), the World Bank Group’s International Development Association (IDA), and the Swiss Agency for Development and Cooperation (SDC) signed a three-year Memorandum of Understanding (MoU). This agreement reaffirms their commitment to support Nepal's efforts in disaster risk reduction and the development of climate-resilient infrastructure.
Nepal faces rising threats from climate-related hazards, including floods, droughts, landslides, and glacier melt, which cause significant human, economic, and community displacement issues. Sectors dependent on nature, particularly hydropower, are especially susceptible to these impacts, affecting the country's economic growth.
"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,"
said Arnaud Cauchois, ADB Country Director for Nepal.
He added that through enhanced coordination and technical cooperation, ADB, IDA, and SDC aim to help Nepal build resilience against climate impacts and ensure sustainable benefits for its population.
Summary: The three organizations aim to support Nepal with climate-resilient infrastructure and disaster management to protect communities, foster economic growth, and adapt to climate threats.