Nepal is turning into a financial risk.

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The climate risk in Nepal is turning into a financial risk. Despite the fact that Nepal's Himalayan geography makes it extremely vulnerable to climate change, its contribution to global carbon emissions is only 0.05%. The recent Rasuwa–Bhote Koshi disaster is a tragic reminder that climate risks are no longer only environmental; they are economic and financial risks.

 Climate-related catastrophes have the potential to directly affect Nepal's financial sector: • Hydropower

 • Protection • Finance • Infrastructure

 • Capital Markets

 The key question for investors is no longer whether climate risk exists, but:

 “Have we priced it into our investments yet?”

 Nepal may contribute very little to global warming, but the financial cost of climate vulnerability is increasingly being borne locally.

 Global warming is a problem. Its financial consequences are local.


  Writer: Binod Kumar Simkhada 
binodkumarsimkhada315@gmail.com

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