Kathmandu, Nov. 14 -- Nepal has secured its first significant funding from the Green Climate Fund (GCF) for a project aimed at helping the country adapt to the adverse impacts of climate change.

The 24th board meeting of the fund in Sangdo, South Korea on Wednesday approved the first funding proposal of Nepal-one of the most vulnerable countries to the impacts of the climate crisis.

The meeting has given the green signal to awarding a $39.3million grant to the project titled 'Building Resilient Churia Region in Nepal (BRCRN)'.

Set up in 2010 under the United Nations Framework Convention on Climate Change (UNFCCC), the Green Climate Fund (GCF) was created to support the efforts of developing countries to respond to the challenge of clim...