This CFAS fact sheet looks at the experience of Nepal in mobilizing climate finance at the sub-national level for the implementation of local adaptation actions. Focusing on the experience of the Government of Nepal in channeling international climate finance through the Public Finance Management System, it highlights the importance of engaging existing national systems and institutions to remove constraints and barriers related to institutional and technical capacities. The fact sheet further highlights the way international climate finance mechanisms can use the experience to design their funding modality in bringing effectiveness of climate finance investments from sources to recipients and to the end-user level.
Authors: Sunil Acharya and Raju Pandit Chhetri (Prakriti Resources Centre)
