IDENTIFICATION AND PRIORITIZATION OF BARRIERS TO ACCESS INTERNATIONAL CLIMATE FINANCE FOR NEPAL

(Corresponding author) Shobhakar Dhakal () and Melissa Pradhan
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(Corresponding author) Shobhakar Dhakal: Asian Institute of Technology (AIT)

Asia-Pacific Sustainable Development Journal, 2023, vol. 30, issue 1, 121-148

Abstract: This study covers perceived and prioritized barriers to access climate funds, using Nepal as a case for least developed countries. A comprehensive picture of the climate finance flow in Nepal is presented and barriers to access international climate finance are identified. These barriers are prioritized based on their importance and potentials to be removed. Out of the 63 identified barriers, most prominent ones are inadequate ministerial coordination, limited evidence-based research and limited understanding of public–private partnerships. Despite some successes in accessing climate finance, key challenges remain. Among them are low disbursement, inadequate information-base and limited choice of financial instruments.

Keywords: least developed countries; climate change; climate funds (search for similar items in EconPapers)
JEL-codes: G28 Q01 Q54 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:unt:japsdj:v:30:y:2023:i:1:p:121-148

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