KATHMANDU, Jan. 16 -- The Alternative Energy Promotion Center (AEPC) has signed the Accreditation Master Agreement with UN's Green Climate Fund (GCF) for accessing financing for climate change related-projects and programs in Nepal.
With the signing of the agreement in Abu Dhabi in UAE last week, AEPC has become the first Nepali national entity to be accredited by the GCF. "We are happy to become the first Direct Access Entity to the Green Climate Fund from Nepal," said AEPC Executive Director Madhusudan Adhikari.
Adhikari said the agreement will open up new opportunities for leveraging finances for implementing Low Carbon and Climate Resilient programs and projects in Nepal.
AEPC Director Nawa Raj Dhakal informed that the AEPC would now...