Nepal

Nepal Rastra Bank publishes the Nepal Green Finance Taxonomy

NRB issues the draft Nepal Green Finance Taxonomy - Guideline for Financial Sectors for consultation

NRB updated the Stress Testing Guidelines in 2023

The Government of Nepal and 16 development partners prioritize investment in Green, Resilient, and Inclusive Development

NRB updates the Guideline on Environmental and Social Risk Management (ESRM) for Banks and Financial Institutions (BFIs) to include consideration of climate-related risks

NRB issues Financial Literacy Framework issued to promote financial education and inclusion

Government of Nepal issues Environmental Protection Rules, 2020 (2077)

NRB Unified Directive mandates all banks and financial institutions to follow the Guideline on Environmental & Social Risk Management (ESRM)

NRB conducts survey on awareness of sustainable banking practices among BFIs in October

Government of Nepal passes the Environmental Protection Act, 2019 (2076), which creates the Environment Protection Fund

NRB issues Environmental and Social Due Diligence (ESDD) Checklist and E&S Risk Rating Tool and Annual Reporting Template

NRB issues Guideline on Environmental & Social Risk Management (ESRM) for Banks and Financial Institutions

National Planning Commission issues SDGs Status and Roadmap: 2016 – 2030 (Government of Nepal)

National Planning Commission publishes SDGs, Baseline Report (Government of Nepal)

National Planning Commission publishes National Review of SDGs (Government of Nepal)

National Planning Commission publishes Sustainable Development Goals Preliminary Report: 2016 – 2030 (Government of Nepal)

Ministry of Population and Environment sets Nepal’s Intended Nationally Determined Contributions (Government of Nepal)

Nepal Rastra Bank (NRB) joins SBFN