4 results for "Economic Cost"
Kathmandu’s daily traffic jams are creating a hidden economic cost through wasted time, extra fuel use, and reduced productivity. While no single figure shows the city’s total loss, research shows congestion is affecting commuters, businesses, and the wider economy.
Prime Minister Balendra Shah is leaving for New York on September 22 to lead Nepal’s delegation to the 81st United Nations General Assembly, marking his first foreign trip since taking office in March. Shah will address the General Debate on September 24, where Nepal will highlight climate justice, climate-related losses and the need for stronger international support for vulnerable countries.
Kathmandu's Polluted air is costing lives, health and money. Air pollution costs Nepal over 6% of GDP annually, while Kathmandu Valley alone faces an estimated $1.25 billion yearly health burden.
Nepal will host “Sagarmatha to the Sea: A Call to Action for a Climate-Resilient Future” on the sidelines of the 81st United Nations General Assembly in New York, highlighting the growing impact of climate change on the Himalayan region and vulnerable communities. The event will form part of Nepal’s wider international push for climate justice, Loss and Damage support, accessible climate finance and stronger support for climate-resilient development.
