Nepal, Jan. 29 -- As Nepal graduates from least developed country status to a lower middle-income country this year, the moment can be viewed not only as an accomplishment but also as a subject of concern. With graduation, Nepal faces a paradox. While concessional financing and grants for climate change solutions are going to dwindle, climate risks will continue to intensify. Floods, landslides, droughts and glacial lake outburst floods associated with climate change are becoming more common. Although Nepal does not contribute much to the global carbon pool, it unduly pays high adaptation costs. It is estimated that if climate change is left unabated, it may lead to a considerable reduction in national income by the middle of this century...