Nepal's Carbon Wealth Remains Untapped as Global Demand Surges

Nepal experiences disproportionate climate impacts including 249 flood deaths last year and $345 million in climate-related damage despite contributing only 0.056% of global emissions.

In a world increasingly willing to pay for what it has not destroyed, Nepal stands as one of the most naturally endowed nations on earth — nearly half its land forested, its electricity entirely renewable, its carbon footprint vanishingly small. Yet the global carbon market, which surged 227 percent in demand last year, has largely passed Nepal by, returning only $35 million in a year when credible supply was the scarcest commodity in climate finance. The distance between what Nepal holds and what Nepal earns is not a story of missing resources, but of missing machinery — the legal frameworks,

Nepal's Carbon Wealth Remains Untapped as Global Demand Surges

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