Kathmandu, Nepal (5 November 2025) — The Asian Development Bank (ADB), the World Bank Group’s International Development Association (IDA), and the Swiss Agency for Development and Cooperation (SDC) have signed a three-year Memorandum of Understanding (MoU). This agreement confirms their joint dedication to assisting the Government of Nepal in improving disaster risk reduction and developing climate-resilient infrastructure.
Nepal faces growing hazards driven by climate change, including floods, droughts, landslides, and glacier melt. These events lead to significant human suffering, economic losses, and displacement of communities. Sectors that rely heavily on natural resources, such as hydropower—which is crucial for Nepal’s economic growth—are especially at risk.
"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."
— Arnaud Cauchois, ADB Country Director for Nepal
The partnership emphasizes enhanced coordination and technical cooperation to help Nepal build resilience against climate impacts, ensuring that investments provide lasting advantages for the country's population.
"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."
— Arnaud Cauchois, ADB Country Director for Nepal
Summary: This partnership between ADB, IDA, and Switzerland strengthens Nepal's capacity to manage disaster risks and build infrastructure resilient to climate change, aiming to protect communities and promote sustainable development.