The government has introduced a new policy to streamline the use of international climate funds and ensure resources reach vulnerable communities more effectively. The Ministry of Finance has approved the Climate Finance Mobilisation Procedure 2082, aiming to improve transparency, accountability and coordination in climate-related spending.
Under the new framework, all climate funding received from international sources will be managed through a formal government system. The ministry will prepare a project priority pipeline and allocate funds based on national needs. The policy focuses on three major areas: addressing climate-related loss and damage, supporting adaptation in highly vulnerable regions, and reducing greenhouse gas emissions.