Kathmandu, Nepal (5 November 2025) — The Asian Development Bank (ADB), the International Development Association (IDA) of the World Bank Group, and the Swiss Agency for Development and Cooperation (SDC) have signed a three-year Memorandum of Understanding (MoU). This agreement confirms their joint commitment to assist the Government of Nepal in enhancing disaster risk reduction and developing climate-resilient infrastructure.
Nepal increasingly faces climate-driven hazards such as floods, droughts, landslides, and glacier melt. These hazards cause significant human and economic losses and lead to community displacement. Sectors reliant on natural resources, particularly hydropower — an essential element of Nepal's economic growth — are especially at risk from these challenges.
"Investing in climate-resilient infrastructure and disaster risk management has never been more critical. These investments will not only strengthen communities and safeguard essential assets but also create jobs and foster long-term economic growth," said Arnaud Cauchois, ADB Country Director for Nepal.
"Through strengthened coordination and technical cooperation, ADB, IDA, and SDC aim to support Nepal in building resilience to climate impacts and ensuring that investments bring lasting benefits to people across the country," Cauchois added.
The partnership between ADB, IDA, and Switzerland focuses on reinforcing Nepal’s disaster preparedness and promoting sustainable infrastructure to combat growing climate risks.
Author's note: This collaboration highlights the urgent need for resilient infrastructure as Nepal confronts escalating climate hazards threatening its economy and communities.