Nepal, Feb. 18 -- In a move aimed at accelerating climate action, the government has allowed private sector-run renewable energy and environment-friendly projects to access and mobilize climate funds received by the state.

The government has opened the door for private sector-led green energy projects to mobilize climate finance received by the state for the first time by enforcing the Climate Finance Mobilisation Guidelines 2026 on Monday.

The Ministry of Finance (MoF) issued the guidelines, introducing a policy that permits private sector-led projects to utilize prescribed amounts of climate funds received by the government. The provision aims to encourage private firms to take greater responsibility in addressing the impacts of clima...