ADB, IDA, AND SWITZERLAND PARTNER TO STRENGTHEN NEPAL’S DISASTER RISK MANAGEMENT AND BUILD CLIMATE-RESILIENT INFRASTRUCTURE

ADB, IDA, and Switzerland Join Forces to Enhance Nepal’s Disaster Risk Management

Kathmandu, Nepal (5 November 2025) — The Asian Development Bank (ADB), the International Development Association (IDA) of the World Bank Group, and the Swiss Agency for Development and Cooperation (SDC) have entered a three-year Memorandum of Understanding (MoU). This agreement reinforces their joint commitment to assist the Government of Nepal in improving disaster risk reduction and management, as well as developing climate-resilient infrastructure.

Addressing Climate-Induced Hazards

Nepal increasingly faces climate-related threats such as floods, droughts, landslides, and glacier melt. These hazards result in significant human suffering, economic damage, and displacement of communities. Sectors dependent on natural resources, like hydropower—which is crucial for Nepal’s economic development—are especially vulnerable to these challenges.

Investment Priorities and Goals

Arnaud Cauchois, ADB Country Director for Nepal, stressed the urgency of investing in resilience:

“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.”

He added that improved coordination and technical collaboration among ADB, IDA, and SDC aim to help Nepal adapt to climate impacts while ensuring that investments provide sustainable benefits nationwide.

“Through strengthened coordination and technical cooperation, ADB, IDA, and SDC aim to support Nepal in building resilience to climate impacts and ensuring that investments bring lasting benefits to people across the country.”

Collaborative Efforts for a Resilient Future

This partnership marks a significant step towards bolstering Nepal’s capacity to manage climate risks and secure its future prosperity.

Author’s Summary

The ADB, IDA, and Switzerland have committed to a three-year partnership to strengthen Nepal’s disaster risk management and promote climate-resilient infrastructure, protecting communities and vital sectors.

more

World Bank Group World Bank Group — 2025-11-06