Nepal climate loan hit by opposition storm

BBC News, February 3, 2011


A loan to be provided by multilateral banks to help Nepal fight the impacts of climate change has kicked off a controversy after it invited criticism from civil societies and non-government organisations. They say it is not fair to burden an already climatically vulnerable country like Nepal with loans in the name of dealing with climatic changes. There are also some supporters of the loan, mainly from few government ministries who argue that the money is good for the country in the long run. But even within the government's administration, there are conflicting positions. Read more...

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