The so-called experts referred to in the article <a href="https://nepalitimes.com/news/business-as-unusual">Business As Unusual</a> in the 22 September issue of Nepali Times by Ramesh Kumar, do not seem to have used their ‘expertise’ in making their observations. Their comments are thus simplistic and mutually contradictory.&nbsp;
If they were using a set of commonly accepted indicators and related verifiable data, their opinion could not be mutually so disparate. I know of no economist in Nepal worth the name who have defined the characteristics specific to Nepal economy and have come up with a theoretically defensible set of prescriptions for investment and economic development in the country.&nbsp;
Many of them masquerade as economists based on having acquired a degree, maybe, a PhD sometime in the past. Others after spending some time in the finance ministry as part of the musical chair of inter-ministry transfers in the bureaucracy.
Like most ‘observers’ in Nepal, these economists too dare to make profound-sounding observations based on what immediately meets their eyes.&nbsp;
For instance, this year they seem to be impressed by the size of the crowd visiting the NADA auto show in Kathmandu to claim that despite the nationwide clamour to the contrary, the economy is not really in a slump.&nbsp;
They are the mob economists who gauge the state of the economy by the size of the shoppers at New Road or Asan Tole.
Nepal's tragedy is that all governments headed by corrupt politicians have spent all their time and energy in defrauding the state and gullible citizens. Examples: massive scams like the <a href="https://nepalitimes.com/editorial/losing-our-moral-compass">Fake Bhutanese Refugee</a> (KPO and SBD governments), <a href="https://nepalitimes.com/here-now/crime-and-or-punishment-in-nepal">Lalita Niwas</a> (MKN and BRB governments) and recent <a href="https://nepalitimes.com/editorial/nepal-gets-gold-medal-for-corruption">gold smuggling</a> (PKD government).
Meanwhile the so-called ‘Planning Commission’ and other think tanks recycle what is already in writing. There is no accountability for their total lack of delivery from their writings.&nbsp;
Even at the cost of modesty, I must state that during my tenure in the government as a karmachari, I have had the distinction of innovating three major policy reforms: the institution of user groups, the <a href="https://nepalitimes.com/from-the-nepali-press/taking-away-forests-from-communities">forest user groups</a> and the mothers' groups and their Female Community Health Volunteers.
Together, these policies changed the face of our nation. &nbsp;As the saying goes, if you don't know where you are going, any road will take you there. That seems to be the fate of our planners, policy makers, self-styled economists and of course, corrupt politicians.
As things stand, as per recent agricultural survey, 62% of households remain in agriculture. A decade earlier in 2011, it was 71% whereas the sector's contribution to national GDP was only 34.3%.&nbsp;
The fact that only 12% farm households have had access to agriculture credit, &nbsp;a prime mover for development, and only 7% to agricultural grants, remains the most lethal of neglect to a sector on which so many people still depend.&nbsp;
This clearly suggests massive deprivation of a vast majority of the country's population through unemployment and underemployment, lack of sufficient land and their vastly unequal distribution.&nbsp;
While 4 million Nepalis plus a vast but unknown number <a href="https://nepalitimes.com/here-now/love-thy-neighbours">working in India</a> have migrated for income and employment, a 2018 survey showed that 900,000 people were actively looking for employment, and nearly 70% of them were in the age bracket between 15-34 years.&nbsp;
While Nepal's industrial sector remains miniscule, the irony is that sunflower, palm and soyabean oils remain the major export items. <a href="https://nepalitimes.com/news/nepal-doesnt-produce-its-2-biggest-export-items">Since none of those oilseeds are produced in Nepal</a>, it only shows that our investment regime remains totally divorced from even the rudimentary rule of economic development — the principle of comparative advantage. &nbsp;
The size of the crowd visiting the NADA auto show, is more the manifestation of the artificial nature of our industrial sector and remains the handiwork of <a href="https://nepalitimes.com/editorial/inconvenient-truths">corrupt and incompetent politicians, bureaucrats and an unscrupulous business community</a> working in cahoots to profit from loopholes.&nbsp;
Indian economist Jayati Ghosh who teaches at MIT, wrote about the impact of inequality in her own country in 2022, ‘The pandemic brought home to us a hard truth. Unequal access to incomes and opportunities does more than create unjust, unhealthy and unhappy societies—it kills people.’&nbsp;
Then, Nobel laureate economists, Abhijit Banerjee and Esthe Duflo wrote in 2020: ‘Although no one knows when the growth locomotive will start in a given country, if and when it does, the poor will be more likely to hop on the train if they are in decent health, can read and write, and can think beyond their immediate circumstances.’
Which kleptocrat politician, bureaucrat, unprincipled economist, or hardcore politician disguised as civil society leader has thought of our problems in these terms?
Bihari Krishna Shrestha is an anthropologist and a former government secretary.
<a href="mailto:biharishrestha@gmail.com" target="_blank">biharishrestha@gmail.com</a>

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Comment

If you don’t know where you are going, any road will take you there

As those of us in mountainous regions have witnessed, even a rise of 1.5°C is too hot.
It is too hot for the glaciers and permafrost, which are melting at <a href="https://hkh.icimod.org/hi-wise/ice/" target="_blank">an unprecedented rate</a>, whilst changing snowfall, snowmelt and avalanches are becoming more unpredictable. It is too hot for our ecosystems, our food and water sources, and for our people. The ensuing impacts of food and water security will impact one-quarter of humanity living downstream.
With this crisis upon us, it is vital that regions of the world sharing similar challenges come together to also share knowledge, experience and solutions. The International Centre for Integrated Mountain Development (ICIMOD), which works for the eight countries of the Hindu Kush Himalaya (HKH), and the Arctic Centre of the University of Lapland jointly held the first ever Inter-Polar Conference on 6-9 September in Kathmandu.
The Arctic polar region encompasses the Arctic Ocean, adjacent seas, and parts of Canada, Denmark, Finland, Greenland, Iceland, Norway, Russia, Sweden and the United States. The Himalaya is sometimes referred to as the ‘Third Pole’ as it contains the largest area of permanent ice cover outside of the polar regions. It spans Afghanistan, Bangladesh, Bhutan, China, India, Myanmar, Nepal and Pakistan.
Despite both the Arctic and the Himalaya experiencing a thawing cryosphere – frozen water at the earth’s surface including glacier, lake and river ice, permafrost and snow – these two regions have traditionally been considered separately.
The Inter-Polar Conference was held in collaboration with the UArctic Chair in Arctic Legal Research and Education, and Law Thematic Network, sought to unite representatives from the polar regions, and to serve as a networking platform to share commonalities, links, and differences, especially concerning geo-political, socio-cultural, environmental, and legal aspects.&nbsp;
ICIMOD drew on its substantial experience as a regional and international mediator to bring together policymakers from mountain regions to drive forward change.
The overarching message from this pioneering conference demonstrated the importance and power of global – and regional – cooperation and collaboration when dealing with the triple planetary crisis of climate change, pollution and biodiversity loss.
Representatives and researchers from the Himalaya-Hindu Kush learnt of the specific experience and history of the Arctic Council, which was set up in 1996 to understand environmental challenges and preserve the Arctic environment while promoting sustainable development, and to address issues of climate adaptation and resilience. It has since evolved to establish institutional and governmental mechanisms for sharing knowledge and scientific findings.
The conference’s keynote speakers sharing their insights on critical issues facing our polar regions included Timo Koivurova from Arctic Centre, University of Lapland, Akhilesh Gupta, Senior Adviser at the Department of Science and Technology Secretary, Science and Engineering Research Board, India, and Aisha Khan, Chief Executive of the Civil Society Coalition for Climate Change (CSCCC) in Pakistan.
The rich networking event sparked a series of interdisciplinary discussions with the aim of developing creative solutions, not least charting a clear roadmap for the Himalaya Hindu Kush to launch its own Regional Institutional Mechanism for the Third Pole.
A rise of 1.5°C is already too hot for the planet. As the <a href="https://twitter.com/hashtag/Arctic?src=hashtag_click" target="_blank">Arctic</a> and <a href="https://twitter.com/hashtag/ThirdPole?src=hashtag_click" target="_blank">Third Pole</a> thaw, we need global unity to combat <a href="https://twitter.com/hashtag/ClimateChange?src=hashtag_click" target="_blank">climate change</a>, <a href="https://twitter.com/hashtag/AirPollution?src=hashtag_click" target="_blank">air pollution</a>, and <a href="https://twitter.com/hashtag/biodiversity?src=hashtag_click" target="_blank">biodiversity</a> loss. The Inter-Polar Conference was a crucial step towards building a shared knowledge network for positive change. We're joining forces and pushing for faster, ambitious emissions cuts to <a href="https://twitter.com/hashtag/SaveOurSnow?src=hashtag_click" target="_blank">save our snow</a>s.
<h2>Three Poles</h2>
“The Arctic, as the Hindu Kush Himalaya, has seen its share of history. It is a place that connects everything together. Some years ago, we said the climate change in the Arctic is two times faster than the global average, then we said three times faster, then four. If we lose the Arctic, we lose the globe.”&nbsp;
Markku Heikkila, the Arctic Centre, University of Lapland 
 
“As we approach the critical 2030 deadline of limiting Global Warming to 1.5°C, the cryosphere, in particular, does not grant us the luxury of time. We must view it through a holistic lens that encompasses not only scientific considerations but also addresses the profound social, economic, and ecological impacts it entails.”
Aisha Khan, Civil Society Coalition for Climate Change, Pakistan 
 
“The Arctic is changing faster than any other region in the world affecting people's lives, not only in the Arctic but globally. We need to work together across the regions to be able to adopt and find solutions to save our snow and people's homelands.”
Kirsi Latola, University of the Arctic 
 
“Science and technology play a crucial role in building resilience against climate change in the Hindu Kush Himalaya. It's imperative to establish robust mitigation and adaptation measures grounded in both indigenous and evidence-based knowledge.”
Akhilesh Gupta, Science and Engineering Research Board, India 
 
“The science-driven approach of the Arctic Council has many benefits, empowering researchers and indigenous knowledge holders to actively shape inter-governmental policy decisions, ensuring that critical issues receive the attention and consideration they deserve.”&nbsp;
Timo Koivurova, Arctic Centre, University of Lapland
Pema Gymatsho is the Director General of the &nbsp;International Centre for Integrated Mountain Development (ICIMOD) in Kathmandu.

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The Arctic meets the Himalaya

Globally, there has been a massive increase in <a href="https://nepalitimes.com/here-now/climate-change-hits-himalayan-rice">food crop production</a> mainly due to increased land use and a rapid rise in yield.&nbsp;
Yet, hunger not only persists but is growing, with 850 million people not getting enough food, and some 345 million facing serious food insecurity in 2023.&nbsp;
<a href="https://nepalitimes.com/opinion/borderlines/grain-drain">Conflict, climate change and supply chain disruption</a> are causing global food prices to constantly rise, and poorer households are facing unmet dietary needs and nutrition for children.&nbsp;
Decline in household food production means an increasing number of Nepalis have to buy food, and the country’s dependence on imports is increasing even though 60-70 % of the population is supposed to be engaged in agriculture. Nepal is high in the global hunger index, with 36% of children being stunted. &nbsp;
Year after year, farmers are worried about delayed rainfall due to <a href="https://nepalitimes.com/news/kathmandu-s-polycrisis">changes in weather patterns</a> and are unable to plant paddy on time. The shortage and high prices of fertiliser and availability of seeds is a recurring issue. Farmers do get a reasonable price for their produce, making crop farming less and less attractive.&nbsp;
Food Security is a pathway to peace. Rising food insecurity can be a trigger for instability and conflict. Ensuring access to adequate nutrition for all is an important part of a country’s responsibility for the wellbeing of the citizens.
At the historic UN General Assembly Summit in 2015, 193 member countries including Nepal agreed to transform the world by meeting 17 Sustainable Development Goals (SDGs) by 2030. One of the goals is to eliminate all forms of hunger, <a href="https://nepalitimes.com/here-now/nepal-sets-ambitious-target-for-food-sufficiency">but will Nepal meet it</a>?&nbsp;
At the recent Food Security Summit Plus 2 in Rome, Prime Minister Pushpa Kamal Dahal stated: “It is important that we address the bottlenecks in every sector for making a leap towards zero hunger.” The PM’s statement needs to translate into action with leadership, commitment, program activities and financing, so all bottlenecks are removed.&nbsp;
The government’s budget for 2023/24 makes a commitment for a national campaign for <a href="https://nepalitimes.com/news/farm-to-fork">self-reliance in agriculture </a>with an increase in food production from 10.7 million tons to 14 million tons and a reduction in imports by 30 % by the end of 2024. This is clearly unrealistic within the time frame and in absence of inadequate budget allocation, shortage of key agricultural inputs, lack of irrigation and weather challenges.&nbsp;
Nepal’s Agricultural Development Strategy (2015 to 2035) to modernise agriculture <a href="https://nepalitimes.com/banner/biodynamic-agripreneurs">focusing on increasing production</a>, processing and marketing can be a game changer. The PM’s Agriculture Modernisation Program is linked to the strategy and covers a 10-year period ending 2023, but there are serious implementation challenges along with poor alignment with Nepal’s move to a federal system.&nbsp;
The climate crisis adds to all threats to food security. Shifts in rainfall patterns are affecting Nepal’s food basket in the Tarai. The 2023 monsoon saw extreme weather and a long dry spell. Eight districts in the plains suffered from delayed rain with an overall estimated shortfall in paddy of 15-20%.&nbsp;
<a href="https://nepalitimes.com/news/push-factors-driving-nepalis-out">Migration of youth</a> has led to a serious shortage in labour and families are leaving their land fallow in hilly regions. A million hectares of land is uncultivated in the hilly districts.
Besides high costs of agricultural inputs, low productivity in all three major cereal crops like paddy, wheat and maize are of serious concern. Fragmentation in farm size means challenges with achieving economies of scale in modernisation and corresponding profitability of farming. &nbsp;
It is estimated that Nepal currently produces 10.5 million tons of cereals (5.5 million tons of rice, 2.7 million tons of maize, 2 mil. tons of wheat and about 0.3 million tons of other crops such as millets. There is an estimated supply gap of around 2 million tons of <a href="https://nepalitimes.com/news/post-monsoon-rain-ruins-nepal-s-crops">paddy</a> for this year.&nbsp;
India is the main source of food commodities for Nepal. In absence of price stabilisation measures in Nepal, when India announces restrictions on global food exports, there is concern about sudden food price rises across Nepal.&nbsp;
Millets are adaptable to harsh climates and grow well in mountain regions under rain-fed conditions, but its cultivation is declining. Since 2023 has been declared as the International Year of Millet, Nepal should promote its cultivation and use in our diet.
Crop destruction by monkeys, wild boars and elephants is most probably due to their habitat being encroached upon. An updated national strategy to deal with this menace and support to farmers is desperately needed. &nbsp;
The UN’s World Food Programme (WFP) in a recent survey found that about 4.26 million Nepalis eat insufficient diets. There are also regional disparities in household food consumption, with the lowest level in <a href="https://nepalitimes.com/here-now/the-karnali-s-hunger-emergency">Karnali Province consuming an inadequate diet </a>(22.5%), followed by Sudurpaschim Province (16.9%). Overall, 45.4 % of children between 6 to 23 months of age did not meet the minimum recommended dietary diversity, with the lowest level in Karnali (52.3%), Sudurpaschim (51.7%) and Lumbini (51.4%).&nbsp;
Given that nearly 70% of households are buying their food, continued rise in food prices and decrease in income will inevitably lead to an increase in malnutrition.&nbsp;
A nationwide program for <a href="https://nepalitimes.com/banner/nepali-students-get-a-second-helping">meals to students </a>up to middle school in all government schools allocates Rs 15 per student per day, which is insufficient. Fortunately, some municipalities are now contributing additional funds for school feeding programs, and this trend should spread.&nbsp;
Despite subsidies for transportation of rice for sale to poor households, supply is irregular. Encouraging consumption of native crops could lead to resilient farming, regular supplies and possibly better nutrition.
Despite the lack of support, <a href="https://nepalitimes.com/here-now/down-in-sherpa-s-farm">there are success stories</a>, mainly due to individual and private sector engagement. The growth in the dairy and poultry industries is commendable. Individuals returning from overseas employment are getting into vegetable farming, piggery and goats with increased self-reliance.&nbsp;
Checklist
Here is a checklist for the government to make an impact:
<ol>
 <li>Introduce and implement ambitious plans with budget increase and governance structure for farming, along with expansion of livestock, poultry, fishery, horticulture, olericulture and medicinal plants.&nbsp;</li>
 <li>Make extensive adaptation and mitigation measures to address the climate crisis with expansion of irrigation, cultivation of indigenous rain-fed crops and diversification of livelihood.&nbsp;</li>
 <li>Protect and improve the livelihood of vulnerable communities with safety nets and employment to ensure food security. Review existing support programs for impact and accountability.&nbsp;</li>
 <li>Establish a strong governance structure to coordinate implementation, review and monitor progress in program delivery, outcome and impact. &nbsp;</li>
 <li>Bring fallow land into cultivation, and provide assistance to small farmers, with support in technical know-how, marketing, with the engagement of the private sector. Enable and increase women’s engagement in the production process.&nbsp;</li>
 <li>Seek partnership to improve the agricultural sector's productivity. India and China have extensive experiences in transformation of their agriculture from food deficit to food surplus nations. More exchanges, cooperation and partnership with these countries and UN system, in particular the Rome-based agencies WFP, FAO, IFAD and UNDP, are needed&nbsp;</li>
</ol>

Bishow Parajuli

Food security is national security

In June, Rajan Kathet and Sunir Pandey’s No Winter Holidays premiered at the Sheffield DocFest, one of Britain’s biggest documentary festivals. The film was supported by South Korea’s DMZ Docs Industry Project Fund and the Hong Kong Asia Film Financing Forum. In feature films, Fidel Devkota’s The Red Suitcase was nominated for world premier at the Venice International Film Festival and Nabin Subba’s A Road to a Village got into the Toronto International Film Festival. Nepali films and filmmakers are going places, and many have been able to find their way into international labs, forums, pitches and events. Documentary films have also been doing well, but the challenge is to run and sustain the market for non-fiction film. That was a theme of a brain-storming last month of film festival organisers, government bodies, international agencies and independent filmmakers. The conversation first explored the lack of resources and probed ways in which the government and private institutions could promote the film industry.&nbsp; The two hour discussion at the British Council did not just highlight problems, but also identified possible solutions to push the Nepali documentary market to a new direction. &nbsp; While Nepal enjoys good repute internationally, participants felt it was time for private and government agencies to foster a market for documentary film within Nepal. &nbsp;&nbsp; Read also: <a href="https://nepalitimes.com/here-now/kesang-tseten-is-still-silent-but-not-absent">Kesang Tseten is still silent, but not absent</a>, Sonia Awale Despite noteworthy non-fiction films in the past few years, every documentary maker has had to work from scratch. For this, international fora have become the go-to for funds, due to their ease of access.&nbsp; The catch: competition is stiff and there are many who vie for the few prizes. Success depends on what international viewers want to see and can relate to. This audience is not familiar with the nuances of the Nepali world, and the fate of films thus is determined by its relevance to a world far removed from Nepal. International funds and programs have played an important role in encouraging Nepali documentary makers, but the time has come for Nepali support for Nepali filmmakers. Kathmandu Metropolitan City recently handed an application for the UNESCO Creative Cities Network with ‘film’ as its main component. If the city gets the title, that would be perfect timing.&nbsp; But even if it does not, it proves that the government is serious about investing in films and filmmakers. This could translate into grants for film production.&nbsp; Even Nepal Tourism Board, with its active social media presence and sizeable contributions to film festivals in Nepal, sees opportunities in films. 14 Peaks: Nothing is impossible on Netflix was an example of how the combined interests of several agencies can be pooled to create an adventure documentary that played a big role in boosting tourism in Nepal. The broadcast media remains a largely untapped medium to encourage documentary makers. Internationally, it has been tv networks and their digital subsidiaries who actively commission documentaries.&nbsp; Read also: <a href="https://www.nepalitimes.com/news/documenting-the-subcontinent-for-a-generation">Documenting the Subcontinent for a generation</a>, Aria Shree Parasai  <figure> <img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/20230908040952_dbce52ad621f6831023cd5fe7dd4db741cc5ea29eaebe3396c4840ec3bde315c.jpg" data-media-id="editor_2" data-image-id="20230908040952_dbce52ad621f6831023cd5fe7dd4db741cc5ea29eaebe3396c4840ec3bde315c" data-rendition-name="original" width="4320" height="2880" loading="lazy" alt="Page 1"> </figure>  Al Jazeera Witness’s What’s behind caste violence in Nepal? and BBC World Service’s Nepal: The battle for souls are examples of how these commissions have come closer to home. The broadcast media is sustained by advertising. But, while revenue is important, content is still king when it comes to building brands and identity. Herne Katha, for example, is proof of how personal stories not only captivate but move audiences.&nbsp; Viewers are now seeking content online, and film commissioning could also make the most of this opportunity to re-brand and fund documentaries that resonate with Nepali audiences. Nepal’s tv channels could lead the way by producing content for the diaspora who are hungry for stories from home. Tv, with its access to a network of in-country journalists with powerfully distinctive stories could be drivers of audio-visual content.&nbsp; Investing in creative story-tellers to create viewership could persuade advertisers to see value in investing in non-fiction film which will ultimately enrich the ecosystem for Nepali documentaries.&nbsp; Participants at the brainstorming included representatives from the Film Development Board, Film South Asia (FSA), Human Rights International Film Festival, Independent Filmmaker’s Society, Kantipur Television, Kathmandu International Mountain Film Festival, Kathmandu Metropolitan City, Nepali Female Filmmakers, Nepal Tourism Board and the US Embassy.&nbsp; Read also: <a href="https://archive.nepalitimes.com/article/Nepali-Times-Buzz/awakening-documentary-nepal-filmfestivals,794">Awakening documentary</a>, Mallika Aryal The group concluded that there is willingness to fund content and buy content, but what is lacking are linkages between filmmakers and viewers. Watching habits are shifting to reels made for TikTok and YouTube. Should supporters of films give the audience what viewers want, or what they need? It has become imperative to understand what the audience wants, and to be where the viewers are. Perhaps not enough is being done to create avenues for audiences to explore documentaries. ‘Dumbing down content’ is an ongoing discussion, but it may be time to encourage culture of documentaries with its point-of-view human interest approach. The enthusiastic participation of Nepalis at documentary festivals is proof that there is already a critical mass of viewers interested in the non-fiction film format. Film education schools and societies can be mobilised for an even wider audience engagement.&nbsp; As pointed out in the discussion, this could be achieved through showings and documentary appreciation sessions, where film organisations can inculcate a sense of a community of documentary lovers. The Film Development Board should now work to create these linkages between local commissioners and filmmakers. They could support bigger film grants and ensure that financing is hassle-free. This could be a viable way to give Nepali documentaries a boost within Nepal in a flavour that audiences here understand best.&nbsp; The future for films lies in local government bodies, film organisations and the industry working together to support and create a platform to sustain a culture for documentary viewing. Read also: <a href="https://archive.nepalitimes.com/article/nation/Manakamana-review-David-Gellner,1949">How not to make a documentary</a>, David N Gellner Smriti Basnet is a filmmaker and runs Kathaharu, a production company based in Kathmandu. <h2>Nepali films in Busan Fesitval</h2>  <figure> <img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/20230908040952_4384a408232a10f0e28b8dacf74d9f7ccc84b76f8b60feea2065f2410d315209.jpg" data-media-id="editor_5" data-image-id="20230908040952_4384a408232a10f0e28b8dacf74d9f7ccc84b76f8b60feea2065f2410d315209" data-rendition-name="original" width="1250" height="626" loading="lazy" alt="Page 9"> </figure>  Three Nepali films have been selected for the Busan Festival in South Korea from 4-13 October. Gaun Aayeko Bato (A Road to a Village) directed by Nabin Subba is being screened for the first time at the ongoing 48th Toronto International Festival. The film featuring actors Dayahang Rai, Pashupati Rai and Prasan Rai tells a story of how a new road in the village changes father-son relations.&nbsp;  <figure> <img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/20230908040952_6e1bf726df21f6966f765b1789ce607685f9398088656931b22e06ff77d16570.jpg" data-media-id="editor_6" data-image-id="20230908040952_6e1bf726df21f6966f765b1789ce607685f9398088656931b22e06ff77d16570" data-rendition-name="original" width="1250" height="704" loading="lazy" alt="Page 9"> </figure>  Gaun Aayeko Bato will be screened under the ‘Window on Asian Cinema’ category at Busan. “I believe this will help in globalising our films,” says Subba. Guras directed by Saurav Rai has also been selected for Busan. First screened at Karlovy Vary International Film in the Czech Republic, Guras is a story from the perspective of a 10-year-old girl who sets out in search of her missing hen against the economic and social backdrop of Darjeeling. Tulsi Khawas and Kagendra Lamichanne play the leads.  <figure> <img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/20230908040956_182d6917bb62faf46ac7bfabe19373f2af07f38cbda241ebac7cd5d12f71233f.jpg" data-media-id="editor_7" data-image-id="20230908040956_182d6917bb62faf46ac7bfabe19373f2af07f38cbda241ebac7cd5d12f71233f" data-rendition-name="original" width="1250" height="782" loading="lazy" alt="Page 9"> </figure>  “Our films being selected for international films means they like our unique identity. We are being screened at prestigious film festivals like Venice, Busan and Toronto, this is a matter of great pride,” says Lamichhane. The Witness Tree, a documentary by Niranjan Bhetwal, has been selected to be screened under Busan’s Asian documentary category.&nbsp; Read also: <a href="https://www.nepalitimes.com/here-now/lights-camera-action-in-nepal">Lights, Camera, Action in Nepal</a>, Ashish Dhakal

Documentary films come of age

Nepal finds itself at an intersection of two potent forces – a technological revolution sweeping the globe and a dramatic demographic shift. Artificial intelligence (AI) and automation, often seen as the deus ex machina of the 21st century, are making their presence in every part of our lives. This digital metamorphosis comes with its benefits and threats. While they promise to augment economic activities, they simultaneously risk displacing numerous labour-intensive jobs. This concern is acute for a country like Nepal, where remittances from its workers in the Gulf countries, a region rapidly embracing technological shift, account for almost 26% of the nation’s GDP. “Job displacement from labor-intensive industries has been taking place for several decades, as countries move to higher-value-added activities and services,” wrote Mckinsey &amp; Company in The Future of Jobs in the Middle East in 2018, adding that this will accelerate <a href="https://www.mckinsey.com/featured-insights/middle-east-and-africa/are-middle-east-workers-ready-for-the-impact-of-automation">between now and 2030 with 45% of existing work in the Middle East potentially being automated.</a>  <figure><img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/20230904090952_a93aeeca5e7480559a7ada068cb22ba7247b73088349c2eedead1f35af622d81.png" data-media-id="editor_1" data-image-id="20230904090952_a93aeeca5e7480559a7ada068cb22ba7247b73088349c2eedead1f35af622d81" data-rendition-name="original" width="918" height="685" loading="lazy" alt="Tech and transition"></figure>   <figure><img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/20230904090952_1b3468214a3703bdf69e5c332831d25699cd690e170d2ef7b1418fbbe19ca9f6.png" data-media-id="editor_2" data-image-id="20230904090952_1b3468214a3703bdf69e5c332831d25699cd690e170d2ef7b1418fbbe19ca9f6" data-rendition-name="original" width="676" height="305" loading="lazy" alt="ILO"><figcaption>Source: Recruitment of migrant workers from Nepal: Country Profile (ILO, 2021)</figcaption></figure>  This should be of special concern for policymakers in labour exporting countries like Nepal given the inherent <a href="https://www.mckinsey.com/~/media/mckinsey/featured%20insights/middle%20east%20and%20africa/are%20middle%20east%20workers%20ready%20for%20the%20impact%20of%20automation/the-future-of-jobs-in-the-middle-east.pdf">link between displacement potential by automation and low-to-medium levels of education and experience</a>. Workers who have a ‘high-school education or less’ are most vulnerable to the shocks associated with automation. The average automation potential of jobs requiring less than high school, or high school/some experience is more than 50%. Labour migrating from Nepal predominantly characterised by a preponderance of young unskilled labor (more than 54% of total labor migration) are most vulnerable in this displacement.  <figure><img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/20230904090952_184cb0d4a71b043fa9cbc0cf102e6ceee65e43dd27e42e3d5d3befdce491525f.png" data-media-id="editor_4" data-image-id="20230904090952_184cb0d4a71b043fa9cbc0cf102e6ceee65e43dd27e42e3d5d3befdce491525f" data-rendition-name="original" width="918" height="644" loading="lazy" alt="Tech and transition"></figure>   <figure><img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/20230904090952_fdb171a296445b16abb2dd9a04e2dac49a0e8d8723b7564bf232b96a4ad16f36.png" data-media-id="editor_5" data-image-id="20230904090952_fdb171a296445b16abb2dd9a04e2dac49a0e8d8723b7564bf232b96a4ad16f36" data-rendition-name="original" width="1106" height="268" loading="lazy" alt="Tech and transition"><figcaption>Source: Recruitment of migrant workers from Nepal: Country Profile (ILO, 2021)</figcaption></figure>  At the same time, Nepal with more than 60% of its population falling in the working age group is undergoing a demographic shift. Drawing upon the 2021 census data, Nepal’s annual population growth rate has decreased to 0.92% with the birth rate having dropped while life expectancy is on the rise. The World Bank data reveals that Nepal’s birth rate dropped from 31 per 1,000 people in 2000 to 20 in 2020, while <a href="https://data.worldbank.org/indicator/SP.DYN.LE00.IN?locations=NP">life expectancy</a> has risen from 63 years to 69 years during the same period. The number of people older than 60 has climbed by 2 percent points. By 2040, the <a href="https://databank.worldbank.org/source/population-estimates-and-projections">population estimates and projections from the World Bank</a> shows that the proportion of elderly population in Nepal will have increased by more than one third. These demographic forces are poised to cause a significant increase in the dependency ratio (dependent people as percent of the working age population), a challenge for an economy primarily dependent on labour remittance.  <figure><img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/20230904100944_d1d3d49bf18f40fb0ec96b81bcb77ff1cbf2641896397b71868cae07fc78d131.jpg" data-media-id="editor_8" data-image-id="20230904100944_d1d3d49bf18f40fb0ec96b81bcb77ff1cbf2641896397b71868cae07fc78d131" data-rendition-name="original" width="1000" height="700" loading="lazy" alt="demographic transition"><figcaption>Source: Nepal Population and Housing Census (NSO- NPHC, 2021)</figcaption></figure>  Nevertheless, technological revolution has not only reshaped global superpowers but has also provided emerging economies with opportunities to leapfrog traditional developmental transition. Digital technology’s creative destruction could spawn new sectors of employment, that could help to harness the benefit of demographic dividend and improve the quality of life in the longer run. <a href="https://www.iids.org.np/images/publications/53e4e8a0c60bb963dfdabce67ec5fdcf.pdf">A study by the Institute of Integrated Development Studies</a> offers insightful data that underscores the significance. By 2022, Nepali IT companies had made a substantial investment of $41.26 million across the country. This investment reflects the growing confidence of stakeholders in the potential of the IT sectors. More impressively, these investments translated into staggering revenue of $515 million, showcasing the sector’s profitability, and its capacity to contribute to the national economy. As technology has made more services tradable, Nepal has the opportunity to transition from labour exports to service exports. This not only retains talent within the country but also creates job opportunities for the youth, addressing the brain drain issue. However, the trajectory isn’t as straightforward. Digital inclusion gaps, a limited capacity for innovative digital tech use, myopic labour laws, lack of data security laws, shortage of skills and IT infrastructural challenges pose substantial barriers for inclusive growth. Moreover, Nepal has grappled with governance failure and political instability that have hampered past policy implementation efforts, pointing towards a more critical systemic challenge. On one hand, IT companies seek workforce proficiency in essential areas such as UI/UX, SQL, full stack web development, python, DevOps, and automation testing.  <figure><img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/20230904090956_bf93b210720350521983eeebac9d8f82458aaf26608105bd57fb32991929002e.png" data-media-id="editor_10" data-image-id="20230904090956_bf93b210720350521983eeebac9d8f82458aaf26608105bd57fb32991929002e" data-rendition-name="original" width="655" height="455" loading="lazy" alt="Tech and transition"><figcaption>Source: Unleashing IT: Advancing Nepal’s Digital Economy (IIDS, 2023) </figcaption></figure>  While on the other hand, demographic profile of Nepal shows that there are less than 2% youths in the age group 15-39 years with 10+2 or equivalent who have computing and technology as major field of study. The figure is much higher for those enrolled in management at more than 35%.  <figure><img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/20230904090956_58e440ecb976281a220e2d16c26ff12c4679418957ca77c33250fbcd26792299.png" data-media-id="editor_11" data-image-id="20230904090956_58e440ecb976281a220e2d16c26ff12c4679418957ca77c33250fbcd26792299" data-rendition-name="original" width="1000" height="800" loading="lazy" alt="Tech and transition"><figcaption>Source: Nepal Population and Housing Census (NSO- NPHC, 2021) </figcaption></figure>  Viewed through a gender lens, females within this age group exhibit a strong inclination towards Education and Health/Medical Sciences. Their representation in the field of Computing and Information Technology remains strikingly low, accounting for less than 1% of the cohort.  <figure><img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/2023090410090_8697f24662b6a53800810f764bb8d834b5198772b28cf29845ef23ec65bf15be.png" data-media-id="editor_12" data-image-id="2023090410090_8697f24662b6a53800810f764bb8d834b5198772b28cf29845ef23ec65bf15be" data-rendition-name="original" width="1900" height="800" loading="lazy" alt="Tech and transition"><figcaption>Source: Nepal Population and Housing Census (NSO- NPHC, 2021) </figcaption></figure>  While established <a href="https://b360nepal.com/public/putting-his-stamp-on-the-world-kiran-bhakta-joshi">digital enterprises and burgeoning startups are navigating through the talent pool</a>, they frequently encounter a significant void: a dearth of individuals possessing the requisite skills to be deemed employable. This scarcity is particularly pronounced among women, whose specific skill gaps act as a formidable barrier, constraining their full participation in the digital workforce and entrepreneurial ventures. Madhes Province, for instance, with a youthful demographic paradoxically grapples with staggering low female literacy rate (54.7%).  <figure><img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/20230904100932_7b52c96ac5b03f15a358ec65d94d9485e78aba51c3f2ac8915041e98fd337779.png" data-media-id="editor_14" data-image-id="20230904100932_7b52c96ac5b03f15a358ec65d94d9485e78aba51c3f2ac8915041e98fd337779" data-rendition-name="original" width="1512" height="634" loading="lazy" alt="Tech and transition"><figcaption>Source: Nepal Population and Housing Census (NSO- NPHC, 2021)</figcaption></figure>  It is crucial to consider the <a href="https://www.nber.org/papers/w28551">unequal effects of service-led growth</a>, a phenomenon that has been observed in other developing countries like India. In Nepal, this could exacerbate existing urban-rural divides, as the evolution of informational technology may not absorb the unskilled labour from rural area that currently seeks employment abroad, particularly in the Gulf countries. It is imperative for Nepal to craft policies that are sensitive to these unequal effects. This could include investing in education and training programs that are aligned with the needs of the IT sector, bridging rural development initiatives that complement holistic service led growth, and implementing training programs that help females and individuals from underrepresented groups in the burgeoning IT sector. As the tides of time advance, we find countries steadily pivoting towards realms of higher intellectual yield—towards activities and services that demand less from the body and more from the mind. Nepal with its youthful demographic could, to some extent, harness the power of technology to spur economic growth. However, this same demographic group, given their current education levels, might not effectively complement in the aspired trajectory. Moreover, they are potentially the most vulnerable to unemployment due to automation, especially with over 54% of total labour migration being unskilled. The government faces a herculean task in turning technology into a viable solution for employment and inclusive growth. Development stakeholders in the young republic must guide this transformation with astute policymaking and strategies as we witness Nepal's demographic shift in the age of automation.” Ashutosh M. Dixit is an economist and an Australia Award Scholar with over 15 years of experience. He has worked with the National Planning Commission in Nepal and global institutions including the World Bank, UNICEF, UN-ESCAP, OECD, UNDP, and Standard Chartered.

Tech and transition in Nepal

Two years since Nepali workers were <a href="https://www.nepalitimes.com/opinion/used-and-thrown" target="_blank">evacuated from Afghanistan</a> after the Taliban takeover, it is important to remember the experience of the evacuees, and how they can shape the future of labour out-migration from Nepal especially in countries with conflict like Ukraine.&nbsp;
Work in <a href="https://www.nepalitimes.com/here-now/afghanistan-abandoned">Afghanistan was different </a>from other destination countries. Migration there tends to be less researched and have more legal ambiguity due to complicated permit policies and multiple periods throughout the war when work in Afghanistan was banned by the Nepal government.&nbsp;
As elsewhere, migrant workers often had to go through recruitment agencies that connected them to the employer in Afghanistan, but there was also a lot of irregular migration through labour brokers.&nbsp;
According to the Department of Foreign Employment, some 12,500 Nepali migrant workers had received first-time labour permits since 2021 for Afghanistan. This number does not accurately represent the true number of people who have migrated there for work.
Nepali people were hired for many different positions in support of foreign government operations in Afghanistan. Although, partly due to the Gurkha legacy, they were predominantly hired as security guards to protect compounds and embassies.&nbsp;
At the beginning of the war, security companies in Afghanistan exclusively hired retirees of the Nepal and Indian Army who already had combat experience and training, so they were well-prepared to work in a country in conflict. Ex-soldiers of the Nepal Army actually saw action during the Maoist conflict. &nbsp;
Guards interviewed by the authors who had served in both the Nepal and Indian Army explained that pension was not enough to live off of. One guard said, “खान मात्रै पुग्छ” (It’s only enough for food). Another stated, “पेन्सनले थाम्न साक्दैन”(You can’t live off the pension). Going to Afghanistan meant giving their families a life that they otherwise would not be able to afford.&nbsp;
The salary came with risks. There were frequent and unexpected bombings in Afghanistan, there was no freedom of movement. Nepali workers rarely ventured outside their compounds and workplaces. &nbsp;
As the Taliban took over, Nepali security guards were not formally informed by their workplace or employers about the <a href="https://www.nepalitimes.com/news/bring-us-home-says-nepali-in-kabul">changing situation in the country</a>. Many had to make their own inferences from watching the news, speaking with locals and coworkers, and witnessing changing operations at their workplace. They were told only hours or days before their evacuation that their job was suddenly coming to an end.&nbsp;
Except for those working at the US Embassy in Kabul, all of the guards interviewed reported being the last to leave their workplace. <a href="https://www.nepalitimes.com/news/who-will-rescue-nepalis-from-afghanistan">Some were terrified</a>, others were more worried about losing their employment than making it back home to Nepal safely. On top of the abrupt loss of income, almost all of the guards lost their luggage in the process. Only some received compensation.&nbsp;
Some guards were not satisfied with the <a href="https://www.nepalitimes.com/banner/nepali-repatriation-from-kabul-starts">evacuation</a>, and organised a Facebook group to discuss and advocate for their needs, which led to a formal complaint they collectively filed to the Ministry of Foreign Affairs in Nepal with three demands.&nbsp;
First was to find new employment in Nepal or in another country, since all of them had abruptly lost their income and were no longer at the age where they could find new employment. The other two demands were for compensation for both their lost income and luggage.&nbsp;
The guards who filed the complaint said the Ministry of Foreign Affairs never followed up with them. Bibek, one of the guards, said: “We need support in the form of employment … because we need to look after our families… At present, many of us are past the age to find fresh employment. We feel really victimised.” Another evacuee explained that they are worried about their childrens’ future.
In a press release, the Ministry of Foreign Affairs stated that an intra-agency task force had been formed to expedite the repatriation of Nepalis from Afghanistan and that it coordinated with other governments, international agencies and the Private Recruitment Agencies (PRAs) involved in sending Nepalis to Afghanistan to arrange repatriation flights. &nbsp;By 31 August 2021, 833 Nepali migrant workers were flown out.&nbsp;
Despite this, the evacuees explained to the authors that there was no presence of the government of Nepal throughout the process. The workers were largely evacuated by their companies, leaving their safety and well-being in the hands of private business owners with no background in human rights.&nbsp;
<a href="https://www.ceslam.org/uploads/backup/foreign_employment_act_2042.pdf" target="_blank">The Foreign Employment Act</a>, 2007 includes a provision stipulating that, ‘Due to War, epidemic or Natural Disaster in the country from where Nepali workers have to be recalled immediately, the Government of Nepal, through its Diplomatic Mission or the Labour Attaché, shall take necessary step to bring such workers back home.’&nbsp;
The <a href="https://www.ilo.org/dyn/natlex/docs/ELECTRONIC/95077/111803/F2006184373/NPL95077%20Eng.pdf" target="_blank">Foreign Employment Welfare Fund</a> was put in place through this Act. During the pandemic, the <a href="https://kathmandupost.com/national/2020/06/17/supreme-court-orders-government-to-use-welfare-fund-to-repatriate-nepali-workers-stranded-abroad" target="_blank">Supreme Court ordered the government to use this fund</a> in order to repatriate stranded workers abroad. This raises questions as to why the fund was not used for the government to take a more active role in rescuing Nepalis in Afghanistan when the Taliban took over.&nbsp;
Anurag Devkota, human rights lawyer at the Law and Policy Forum for Social Justice (LAPSOJ) in Kathmandu, explains that without accurate data on migrant workers abroad, the government struggles to effectively repatriate migrant workers in crisis situations. A robust database on the number of migrant workers abroad is especially important in countries such as Afghanistan, where Nepal does not have diplomatic missions to assist in communicating with workers and coordinating repatriations, he adds.&nbsp;
Despite the Nepal government's efforts to put in place mechanisms for regulated employment and support workers in Afghanistan, including bans on irregular migration still exists. Workers will always find a way to go, especially when there is no similar opportunity available to them in Nepal and their pension is not enough for them to be able to support their families.&nbsp;
Instead of placing Nepali workers’ well-being in the hands of private companies, their rights should be upheld by a government who shows up for them in times of crisis. There are lessons to be learnt from the Afghanistan evacuations.&nbsp;
The Foreign Employment Welfare Fund can be used when an immediate need for repatriation arises. It is important to call upon, strengthen and reinforce the protective mechanisms already in place to minimise the damage of future crises on workers abroad.&nbsp;
Prajesh Aryal is a Kathmandu-based researcher and <a href="https://www.nepalitimes.com/opinion/used-and-thrown" target="_blank">Jenna Mae Biedscheid </a>is a Fulbright Nepal Scholar.

Afghanistan evacuation two years after

Climate finance conversations are usually dominated by ways to fund switching to renewable energy, clean transportation and waste management. However, in the past few years there have been urgent calls to also finance adaptation, resilience, as well as loss and damage.&nbsp;
This is a much-needed shift as the impact of the climate crisis is being increasingly being felt worldwide, and the IPCC reports have been presenting more and more alarming scenarios year after year, so much so that reality has outpaced projections.
Public financing is often placed at the heart of finding funding to adapt and build resilience. The most notable example is the <a href="https://www.adaptation-fund.org/about/" target="_blank">Adaptation Fund</a> which has allocated over $850 million for projects and programs that help vulnerable communities in developing countries adjust to climate-induced impact.
Read also: <a href="https://www.nepalitimes.com/opinion/comment/nepali-cities-must-champion-climate-action" target="_blank">Nepali cities must champion climate action</a>, Rastraraj Bhandari and Simone Weichenrieder
However, public financing alone is simply not enough to meet the increasing demand for adaptation and resilience finance. Presently, only <a href="https://www.wri.org/insights/private-sector-climate-adaptation-finance" target="_blank">around 10% of overall climate finance</a> flows are allocated to climate adaptation even as the figure for developing countries needs to increase by 5 to 10 times. Within this, only <a href="https://www.wri.org/insights/private-sector-climate-adaptation-finance" target="_blank">around 2% of adaptation finance</a> comes from the private sector such as corporations and institutional investors whereas 98% were from public sources.
Private sector engagement and financing in climate adaptation and resilience is imperative if the world is to stand any chance in tackling the climate crisis. This is particularly relevant in the Himalaya as the conversations around the Third Pole Process, spearheaded by the U.A.E government as the COP28 presidency, continue.
The <a href="https://www.arcticcircle.org/third-pole-process" target="_blank">Third Pole Process</a> has been labelled as a comprehensive effort to introduce the Arctic model of collaboration to the Third Pole region. The process is expected to be a sustained effort to define the challenge, to initiate research collaboration, and to help identify effective dissemination of information to enable political deliberations and policy-making. Although engaging the political establishments across the region will indeed be crucial, leaving out the private sector will be a missed opportunity for the Third Pole Process.
Read also: <a href="https://www.nepalitimes.com/here-now/green-is-the-colour-of-money-and-nature" target="_blank">Green is the colour of money and nature</a>, Angel Li
This is easier said than done. There are fundamental barriers to attracting private sector engagement in adaptation and resilience financing, given the challenges with private financial returns. However, this discourse is picking up globally and efforts are underway to mobilise private sector investments.
Innovating financing mechanisms such as through the use of guarantees, co-financing, de-risking and blended finance can definitely help <a href="https://www.wri.org/insights/private-sector-climate-adaptation-finance" target="_blank">leverage the scarce public finance resources</a> to catalyse private sector finance.
Insurance companies can also play a key role as risk managers, risk carriers and investors. Traditionally, private insurers avoided insuring for disasters, in part because those who are insured are less likely to flood-proof their assets and only those at high risk of flooding will purchase insurance.
Read also: <a href="https://www.nepalitimes.com/news/turning-green-policies-into-greenbacks" target="_blank">Turning green policies into greenbacks</a>, Rastraraj Bhandari
Yet, with a growing insurance market, <a href="https://content.naic.org/cipr-topics/parametric-disaster-insurance#:~:text=The%20term%20parametric%20insurance%20describes,in%20a%20traditional%20indemnity%20policy." target="_blank">parametric insurance</a> and risk pooling may overcome these challenges. In addition, exposing the risk vulnerability of the private sector such as through mandatory climate risk assessment and disclosure requirements as regulatory measures may also increase private sector investments for their own long-term stability.
In addition to financing, the private sector also has access to innovative technologies, both digital and physical technologies, which is often a forgotten yet crucial detail. The Himalaya are home to global tech giants such as Baidu, Tencent, Infosys and Alibaba, who have <a href="https://www.himalayanwaterproject.org/post/tackling-climate-and-water-challenges-in-the-himalayas-using-ai" target="_blank">immense potential to contribute to the battle against climate change</a> not just by reducing their own operational footprint but also by developing, deploying and diffusing climate technologies, including with regards to adaptation and resilience.
The Third Pole Process can foster private sector engagement for adaptation and resilience in the Himalaya. Initiating a dialogue as well as research collaboration can be a key first step but it is imperative to ensure that such research is translated into evidence and impact-based action.
Read also: <a href="https://www.nepalitimes.com/opinion/nepal-can-lead-in-zero-carbon/" target="_blank">Nepal can lead in zero-carbon, </a>Nicola Pollitt
Outside of such multilateral processes, both national and sub-national governments also have a role in fostering private-sector engagement. Many of the countries in the Himalaya are making progress with greening their financial systems and creating guidelines for banks and financial institutions. Such efforts should also look into how adaptation and resilience can be incorporated in an otherwise climate mitigation-dominated space.
It is high time to scale both public and private finance for adaptation and resilience in the Himalaya, and only such coordinated efforts can ensure that the financing needs of the region are met in an inclusive manner.
Read also: <a href="https://www.nepalitimes.com/latest/nepals-chance-to-green-its-budget/" target="_blank">Nepal’s chance to green its budget</a>, Kaustubh Dhital
Rastraraj Bhandari works on climate finance and carbon markets, and contributes regularly to Nepali Times on issues related to climate change.

Finding money to save the Third Pole

Conventional media and the advertising industry which sustained Nepal’s free press are being disrupted by competition from the Internet, and the economic slump, and it is now a case of the survival of the nimblest.
Newspapers, radio stations, and television networks are navigating uncharted territory as the digital revolution reshapes how Nepalis consume information and entertainment. Even digital portals that started in the past decade are now in trouble because most follow the same business model as legacy media.&nbsp;
The morning newspaper which used to be the primary source of information to find out what happened yesterday was gradually replaced by evening tv news, FM radio bulletins, and now social media platforms.
Many tech-savvy Nepalis have never even touched a printed newspaper or magazine, and most from the younger generation cannot remember the last time they did so. Traditional print media's readership and advertising income have therefore continued to plummet, thereby undermining its check-and-balance role in Nepal’s democracy.
Read also: <a href="https://www.nepalitimes.com/news/journalism-is-all-about-storytelling-and-money">Journalism is all about storytelling (and money)</a>, Nepali Times
With the ability to simultaneously consume and contribute to news, Facebook, Twitter, Instagram and lately TikTok have emerged as significant disruptors. Social media's real-time functionality has broken down boundaries, democratised information sharing, and amplified the voices of specific groups and individuals. The rise of citizen journalism has also challenged traditional media's authority and gatekeeping function.
Thanks to the growth of streaming services, the television and film industries are no longer constrained by strict timetables. Content on demand is made possible by services like Netflix, Amazon Prime Video, and Hulu, and the ease and low cost of streaming services have transformed customer behaviour.&nbsp;
One of the most significant consequences of the decline of traditional media is faced by the advertising industry dealing with shrinking budgets from brand promoters, and that shrank further after the Supreme Court ban on alcohol advertising in the print media last year.
The prohibition of liquor advertisements has exacerbated the crisis, and left a void in revenue not just for the agencies but also for the media where the ads were placed.
Agencies have shifted a sizable percentage of their advertising budget to digital platforms, and have been compelled by this transition to reconsider conventional strategies to service portfolios to include influencer marketing, social media campaigns, digital marketing, and content development.
Read also: <a href="https://www.nepalitimes.com/news/investigation-introspection-and-investment-in-media">Investigation, introspection, and investment in media</a>, Nepali Times
One advertising agency that has adapted well to the digital ecosystem is Prismark. Its executive director Pankaj Pradhan says, “Data-driven strategies have transformed the way we service clients. The day when advertising was only based on the audience's understanding or intuition and presumption is long gone.”&nbsp;
Agencies are adapting by expanding their services, experimenting with new channels, and looking for customers in non-alcohol areas, including FMCG, healthcare, and technology, to compensate for the income loss.&nbsp;
“We have managed to adapt by focusing not just on selling advertising space but on effectively reaching various audience profiles and segments,” explains Ujaya Shakya of Outreach Nepal. “Our Nepal has a predominantly youthful population, with over 70% of the audience below 35. These young individuals often possess ambitions surpassing our country's opportunities. Many aspire to study or work abroad, and thanks to the internet and media, they now have access to global information and exposure.”
Nepali youth also share a common longing to understand their cultural heritage, identity and a sense of belonging. Therefore, creating campaign ideas that integrate consumer insights with local culture becomes crucial, cutting through the noise to provide meaningful solutions to marketing challenges that hold value for the end consumer, says Shakya, who strives for what he calls “Nepalisation”.
Read also: <a href="https://www.nepalitimes.com/here-now/paradigm-shift-in-nepali-media">Paradigm shift in Nepali media</a>, Shristi Karki
This approach allows Outreach Nepal greater audience engagement and that resonates with their combined desire for global exposure and a connection to their roots. Shakya has managed to thrive by aligning marketing strategy with the aspirations and cultural values of Nepalis.&nbsp;
Since liquor companies were a significant contributor to advertising revenue, the ban also affected creativity, prompting organisations to develop new strategies to address the needs of other sectors of the economy.&nbsp;
But to reach new consumers, the agencies had to change their methods, which necessitated substantial study and adaptation. Nepal does not presently have a policy on surrogate ads in the news format, which makes things complicated for the advertising industry as they look for other options for product placement at events.&nbsp;
If alcohol advertising was banned by the Supreme Court on health grounds, some have said promoting carbonated soft drinks with high sugar content, or even diet drinks that contain cancer-causing aspartame, and junk processed foods should also be restricted.
Read aslo: <a href="http://archive.nepalitimes.com/news.php?id=6267">"Media competition will ensure quality advertising"</a>, Nepali Times
“The blanket ban on alcohol advertising lacks clarity on what constitutes adverse effects and who can determine which products fall under this category,” says Ahimsa Yonjan from TBWA/Benchmark Nepal. “Fizzy drinks have high sugar content and can contribute to obesity, type 2 diabetes, metabolic syndrome, and inflammatory diseases. Is that not a health hazard?”
What would have been better would be specific rules for marketing and product promotion rather than an overall ban. Such laws would strike a compromise, allowing customers the freedom of choice while protecting them from inaccurate or misleading information.
Advertisements exist so businesses can promote their brands, and the revenue from them sustains the media. It is a transparent transaction, since readers, viewers and listeners are all aware of who is promoting what.&nbsp;
Like advertising agencies, advertisers have also changed their brand promotion strategy. For example, Hyundai in Nepal now prioritises online platforms. Says Hyundai’s Sandeep Sharma: “We now focus on digital media to provide comprehensive coverage rather than instant, short-lived updates since our target audience are those with decision-making power within families.”
By synchronising its advertising with feature stories, Hyundai wants to reach a wider audience and ensure its messaging remains relevant over time. Sharma admits that even the older generation is now increasingly relying on Facebook and not newspapers and magazines.&nbsp;
Read also: <a href="https://www.nepalitimes.com/editorial/internet-in-everything">Internet in everything</a>
Hyundai's budget for tv commercials has also gone down in Nepal because its target demographic is no longer watching television. Government tax adjustments in the budget may also harm Hyundai's marketing efforts in the electric vehicle segment.&nbsp;
Ghorahi Cement, on the other hand, has thrived because it has kept up its below-the-line (BTL) advertising intact, demonstrating the resilience of its marketing methods even during difficult economic times. “Our success rests in identifying the distinctive traits of our target market,” says Ghorahi’s Pratik Adhikari. “The people of Nepal continue to build houses when they are ready to do so, contradicting traditional market predictions.”
This realisation led the business to use a marketing approach that heavily relies on sides of buses, cabs, houses and non-traditional media. By posting inscriptions on solar panel lights in Butwal, for example, Ghorahi has supported attempts to preserve wildlife. The company's brand image is further improved by this strategy, which increases awareness and appeals to the ecologically sensitive public.
Despite the growing popularity of digital advertising platforms, therefore, Ghorahi Cement adheres to specific market dynamics and employs tactics that appeal to its target market. This has helped the company establish a market niche.&nbsp;
At a time when internet advertising is king, this is proof of the potency of cutting-edge marketing that transcends business as usual. Hyundai, Ghorahi and others are examples of companies that investigate alternative advertising strategies and customise them to the unique requirements of their target audiences by continuing to prosper in difficult economic times.
Read also: <a href="https://www.nepalitimes.com/news/the-new-news-age">The new news age</a>, Sonia Awale
Jharana Khanal is a student at Kathmandu University School of Law researching the entertainment industry and media in Nepal.

Drift to digital disrupts media business model

The first time I met <a href="https://www.nepalitimes.com/opinion/comment/bhutan-s-refugees-between-hope-and-despair" target="_blank">Tek Nath Rizal</a> in Siliguri in 2000, it was inconceivable that he could one day be entangled in a scandal involving Nepalis trying to get <a href="https://www.nepalitimes.com/news/rot-at-the-top" target="_blank">fake refugee documents</a> to be resettled in the United States. Rizal was then just exiled after serving a decade long jail term, reduced from life sentence, but had not joined the other exiled leaders then. This was a man who advocated for the cause of genuine refugees, not creating fake ones. During my college days in Kathmandu I had read many accounts of <a href="https://www.nepalitimes.com/editorial/the-tragedy-of-tek-nath-rizal-2g4dahmr" target="_blank">Rizal’s commitment to democracy</a>, identity and human rights against the oppressive Bhutan government. While in self-imposed exile in Nepal, the Panchayat regime deported him back to Bhutan in 1989 after which he was jailed and tortured for ten long years.&nbsp; I got to know Rizal personally while working with him on the initial draft of his book, निर्वासन. We spent countless evenings together, transcribing his dictations into text, and trying to give it structure and coherence.  <figure> <img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/20230711150732_272acb29ed7f9018f8ef08a3c9f50f6094230fe3df9737ea8d236cefb33e6a2b.jpg" data-media-id="editor_3" data-image-id="20230711150732_272acb29ed7f9018f8ef08a3c9f50f6094230fe3df9737ea8d236cefb33e6a2b" data-rendition-name="original" width="2550" height="1700" loading="lazy" alt="tek nath rizal books"> </figure>  It was evident that Rizal suffered from post-traumatic stress from <a href="https://archive.nepalitimes.com/news.php?id=17869" target="_blank">physical and mental torture during his incarceration</a>, much of which was spent in <a href="https://www.nepalitimes.com/here-now/political-prisoners-languish-in-bhutan-s-jails" target="_blank">solitary confinement</a>. He would interrupt his recollections to curse individuals who had betrayed him, and at other times he would turn despondent over the loss of trusted companions. Recalling the "dual-role" officials played in Thimphu would incite furious outbursts from him. Rizal was known for straightforwardness in conversation, he was blunt and to the point. What you saw was what he was: it seemed like he was incapable of subterfuge. &nbsp; Initially in Kathmandu, his primary supporter and benefactor was Hiranyalal Shrestha and Krishna Pahadi who actively backed the cause of refugees from Bhutan. Shrestha was later sent as Nepal’s ambassador to Moscow. I helped Rizal relocate to his office from Sanepa to the Pulchok area. Along the way, Rizal has been deceived numerous times by close friends and trusted government officials, both in Bhutan and Nepal. He felt specially betrayed by Om Pradhan, the former Bhutan Permanent Representative at the United Nations in New York and a former Minister for Trade and Industries. The latest betrayal is happening in Kathmandu, where at age 76 he has been jailed on charges of colluding with senior Nepali officials in a scam to get more than 800 Nepali citizens to pay for getting fake refugee papers, so they can be <a href="https://www.nepalitimes.com/opinion/who-stands-with-bhutanese-refugees-in-nepal" target="_blank">resettled in the United States</a>. Read Also: <a href="https://www.nepalitimes.com/news/rot-at-the-top">Rot at the top</a>, Shristi Karki Indrajit Rai, who wrote the foreword to Rizal’s book <a href="https://archive.nepalitimes.com/news.php?id=17869" target="_blank">Torture: Killing Me Softly</a>, possibly turned out to be the person to drag him into this scandal. Rizal had placed immense faith in Nepal’s bureaucrats and politicians to resolve the refugee problem. In his early days in Kathmandu some 18 years ago, Rizal was treated like a VIP. He received special treatment in hospitals, the Human Rights Commission, media outlets, the Foreign Ministry, and some foreign embassies. Refugee advocacy groups used his contacts to gain access to offices that were otherwise off limits. Newspapers and radio stations often interviewed him about the refugee question. One national daily even found his visit to a barbershop in Lalitpur to be newsworthy enough to warrant coverage. Tek Nath Rizal's dedication to fighting corruption stemmed from his revolutionary background as a human rights activist in Bhutan. He fearlessly reported corrupt practices by district and sub-divisional heads in Bhutan to King Jigme IV when he served as a member of the royal audit team. His commitment to justice led him to play an active role in Parliament, particularly in the issuance of citizenship ID cards to people from southern and eastern Bhutan. From these early days to his position in the Royal Advisory Council, Rizal amplified the concerns of ordinary people of whatever ethnicity in Bhutan. &nbsp; Along the way, he must have made enemies. And it was this dedication and integrity that eventually landed him in the notorious prisons of Bhutan, after being extradited from Nepal in 1989. Read Also: <a href="https://www.nepalitimes.com/news/in-a-federal-kleptocratic-republic-of-nepal">In a Federal Kleptocratic Republic of Nepal</a>, Shristi Karki I personally have witnessed first-hand the toll that the years of solitary confinement had taken on him. He would wake up in the middle of the night, pace the floor speaking aloud to himself. He would smoke a pack of cigarettes to calm his nerves, and I can only imagine the kind of mental distress he was going through. Once again, Rizal finds himself trapped within the walls of a prison cell. He has been betrayed again, this time as a scapegoat. Rizal did not have the means to create fake documents containing Nepal government seals on official letterheads.&nbsp; While listening to some audio recordings, it becomes clear that he may have unwittingly assisted the criminals under the misguided belief that it would benefit genuine refugees. I am mystified why Rizal was oblivious to the falsification of documents, and consented even to be associated with such criminals. Jogen Gazmer was deported to Bhutan with Rizal and Sushil Pokhrel in 1989 whom Amnesty International &nbsp;declared Prisoners of Conscience in Wangdi Phodrang prison. Gazmer was released in 1992, while Rizal continued to be locked up for another eight years. Gazmer now lives in Australia and is convinced that Rizal was framed. Rizal’s son, Vikram, lives in Canada and is convinced his father was a whistleblower. He is targetted by the very Nepali politicians whom he had repeatedly warned about the fake refugee scam. In his deposition after arrest in Kathmandu, Rizal explicitly mentioned that the Nepal government refugee allowance was withdrawn when he began reporting individuals impersonating officials from the Ministry of Home Affairs to make fake documents. Rizal went to the police a year ago to say that there were threats against him in Birtamod from those who had paid money to be refugee impostors. We do not know if the police acted on this complaint. &nbsp; Read Also: <a href="https://www.nepalitimes.com/here-now/crime-and-or-punishment-in-nepal">Crime and/or Punishment in Nepal</a>, Sonia Awale Questions also remain about the fake Bhutan Human Rights Organisation and why Nepal’s Ministry of Home Affairs felt it necessary to obtain Rizal's signature on refugee resettlement documents, when he had never been asked to sign any such papers during previous phases of the program. This appears to be a deliberate move to make him culpable through unnecessary involvement. As the case unfolds, Tek Nath Rizal's character and lifelong dedication to justice and human rights must also be considered. The truth must prevail, and Rizal deserves a fair chance to prove his innocence without undue prejudice. Buddha Mani Dhakal lives in Kentucky, and is the former Chief Editor at <a href="https://en.wikipedia.org/wiki/Bhutan_News_Service" target="_blank">Bhutan News Service</a>.

Scapegoating a champion of democracy

In 2020, the city of Mumbai joined the C40 Cities Network, a collective of 97 cities around the world taking climate action at the sub-national level. Subsequently, the city launched the Mumbai Climate Action Plan in 2022, becoming India’s first climate action plan to set net-zero targets for 2050. Conversation on international climate policy is often dominated by federal policies and international negotiations with representations most often from national governments. Yet, cities play a critical role to reach the Paris Agreement targets.&nbsp; More than half of the world's population, or around 4.4 billion inhabitants, currently live in cities, and this trend is only expected to continue moving forward. By 2050, cities will be home to more than 70% of the world´s population and the majority of its industry. Although cities make up only 2% of our world, they consume the majority of global energy and produce <a href="https://unfccc.int/blog/seven-ways-cities-can-take-climate-action#:~:text=Cities%20only%20cover%202%25%20of,the%20way%20our%20cities%20function.">approximately 60% of global greenhouse gas emissions</a>, primarily through the transport and building sectors. Increasing urbanisation strains infrastructure and services, and eventually impacts sustainability and people´s livelihood. With most of the absolute growth in population taking place in Asia, urban low-lying coastal areas are particularly vulnerable to the effects of climate change. Rising temperatures, sea level rise, and extreme weather events like floods or droughts disrupt the complex infrastructures of cities. High levels of air pollution and waste management burden the livelihood of millions of urban dwellers and exacerbate their existing vulnerability to climate impacts.&nbsp; Cities are where most people live and work, where they host businesses and industries and have the best ground-level understanding of the need to balance development and urbanisation hand in hand with tackling climate change. This means cities can also be and need to be, a part of the solution. With cities being policy laboratories and incubators for climate actions, it is vital to change the way cities function while nurturing the narrative that cities can take the initiative to tackle climate change. The decisions cities take to combat climate change today will shape the future.  <figure> <img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/20230606060640_443a8816857ea122311cdd4d77d91227aa7a6a72982b3b2ce846b099fd4ada6b.jpg" data-media-id="editor_1" data-image-id="20230606060640_443a8816857ea122311cdd4d77d91227aa7a6a72982b3b2ce846b099fd4ada6b" data-rendition-name="original" width="513" height="389" loading="lazy" alt="Climate action in cities"> <figcaption>Sizing Up the Carbon Footprint of Cities (Source: NASA)</figcaption> </figure>  Kruti Munot, Project Manager at GIZ in Brussels who works with city governments on climate action says, “Cities play a key role in tackling climate change, and there is a continuous need to integrate climate into city planning, scale climate finance for urban infrastructure, and build capacities for local-level leadership to meet the Paris Agreement targets.”&nbsp; While the conversation around city-level action on climate change may not yet be mainstreamed, it is happening with efforts undergoing at various levels. According to the Global Covenant of Mayors, there are more than 12,700 cities <a href="https://www.globalcovenantofmayors.org/our-cities/">committed to reducing emissions</a> by 2050, and both the G7 and G20 now have specific high-level meetings on urban topics.&nbsp; The Mumbai climate action plan, for example, envisions a climate-resilient Mumbai by 2050 with a focus on mitigation and adaptation strategies in sustainable waste management, urban greening and biodiversity, urban flooding and water resource management, energy and buildings, air quality, and sustainable mobility.&nbsp; Mumbai is one of eight South Asian cities that are part of C40 Cities, <a href="https://www.c40.org">a global collaboration platform</a> of about 100 mayors from the world´s leading cities, committed collectively to city-level climate actions. Mayors of C40 Cities use a collaborative approach to cut their cities’ emissions in half by 2030, share best practices and facilitate access to finance to improve urban resilience and foster green jobs in cities.&nbsp;  <figure> <img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/20230606060640_a79b2b70e3bad0d7509e1c2ff3ccea451e540e98504d1d1815aa8e0d0fc7dcc5.jpg" data-media-id="editor_4" data-image-id="20230606060640_a79b2b70e3bad0d7509e1c2ff3ccea451e540e98504d1d1815aa8e0d0fc7dcc5" data-rendition-name="original" width="626" height="353" loading="lazy" alt="Mumbai climate action"> <figcaption>Climate Action Plan 2022 (Source: Mumbai Government)</figcaption> </figure>  A traveler visiting Portugal´s C40 Cities member Lisbon might nowadays enjoy an unusual sight during their stopover: Flocks of sheep graze on the city´s meadows. Lisbon faced diverse environmental challenges ranging from droughts to flooding and extreme urban heat and water scarcity. In 2019 the city rolled out a project called life lungs, a <a href="https://life-lungs.lisboa.pt/en/">city-level climate initiative</a> that aims to make Lisbon greener and “cooler” by accelerating three simple tools: trees and biodiverse meadows, a water management system, and flocks of sheep.&nbsp; While a water management plan balances Lisbon´s heavy precipitation and water scarcity, biodiverse meadows and trees were planted to provide more green urban space, shade, and overall combat urban heat islands within the city. On these, meadows flocks of sheep are used as a traditional method to control vegetation and help with soil conservation.&nbsp; Cape Town in South Africa tries to connect the dots between city-level climate action, a circular economy, and private-sector engagement. The city runs a local initiative that supports the private sector in identifying and classifying its waste before trying to find ways to reuse it. The initiative has already diverted 100,000 tonnes of waste from landfills while avoiding more than 300,000 tonnes of greenhouse gas emissions.&nbsp; Nur Sultan in Kazakhstan counts on its fleet of electric busses while Peshawar in Pakistan has added a 26km bus corridor with park-and-ride facilities, green areas, and bicycle lanes to ease traffic and congestion. Car-free Sundays are another example of city-level climate action all around the world. Jarkata designates every Sunday in one area to be car-free, while Kigali´s car-free day twice a month is part of its efforts to make Kigali a greener city. Initiatives to tackle climate change at the sub-national level are not new and there are <a href="https://www.adb.org/sites/default/files/publication/705086/100-climate-actions-cities-asia-pacific.pdf">many more examples</a>, including from developing Asia, that can be utilised as part of a coherent and inclusive city-level climate action plan and strategy.&nbsp; Alongside the focus on reducing emissions by decarbonising the energy sector, advancing waste management, and promoting low-carbon transportation solutions, it is equally important to ensure such action plans incorporate climate resilience and support both climate adaptation as well as loss and damage.&nbsp; Global collaborations play an important role in transferring knowledge, and success stories on climate action to build urban resilience through a global network. Platforms such as<a href="https://www.c40.org"> C40 cities</a>, city-level disclosures through the <a href="https://www.cdp.net/en">Climate Disclosure Project</a>, and the <a href="https://www.globalcovenantofmayors.org">Global Covenant of Mayors for Climate and Energy</a> are important to set up frameworks for cities to follow and facilitate city exchanges.&nbsp; This conversation is particularly important for Nepal as it has ambitious climate policies such as the <a href="https://climate.mohp.gov.np/attachments/article/167/Second%20Nationally%20Determined%20Contribution%20(NDC)%20-%202020.pdf">nationally determined contribution</a> (NDC) to the Paris Agreement and the <a href="https://unfccc.int/sites/default/files/resource/NAP_Nepal.pdf">long-term strategy</a> for net-zero emissions by 2045. At the same time, Nepal also <a href="https://www.thethirdpole.net/en/climate/analysis-how-decentralisation-in-nepal-is-undermining-climate-action/">recognises the importance of local governments</a> to integrate disaster risk management and climate actions, including both climate adaptation and mitigation, under the Local Disaster and Climate Resilient Planning (<a href="https://www.opml.co.uk/files/Publications/a1594-strengthening-the-disaster-risk-response-in-nepal/harmonising-climate-adapatation-and-disaster-risk-reduction-initiatives.pdf">LDCRP</a>) framework. Nepal’s Waling municipality has developed a resilience roadmap aligned to Paris agreements and SDGs with an aim to transform the town into a resilient city by 2030 with focus on waste management, creation of green jobs and businesses, saving lives and critical infrastructure from disaster risks and decongesting the core area for more open space and greenery. The municipality is currently managing more than 11 tons of solid waste on daily basis. The work of SDG-sub platform on Sustainable Cities supported by UNDP has recognised sensitivity of functional attributes of cites to externalities and shocks as a determining factor of city resilience.&nbsp; However, despite the good intentions behind local-level climate action, there are <a href="https://www.thethirdpole.net/en/climate/analysis-how-decentralisation-in-nepal-is-undermining-climate-action/">several bottlenecks</a> that have hindered progress. Some of these include a lack of coordination between central and local government, overlaps and differences between central and local policies, challenges with climate budget allocation, and a lack of technical capacity at the local level to drive climate action.&nbsp; Climate policies in the local level are also primarily focused on adaptation and climate resilience, as opposed to climate mitigation. While this makes sense for the majority of local governments in Nepal, Kathmandu Valley’s urban population is growing at <a href="https://tomorrowscities.org/sites/default/files/resources/2020-11/Tomorrow%27s%20Cities%20Working%20Paper%20%231.pdf">around 6.5% annually</a>, indicating one of the fastest-growing urban areas in South Asia. With rising population and emissions, cities and urban areas also need a strong focus on climate mitigation.&nbsp; Nepal’s ambitious climate goals and impressive 43% of forest cover means little to the 80% of population who reside in urban areas that are rampant with unmanaged urbanisation and high pollution. City-level climate action is necessary to bring change in urbanised areas that are most in need of climate action.&nbsp; Vijaya Singh, Assistant Resident Representative at UNDP Nepal agrees and affirms that “cities and urban centers in Nepal play a critical role in tackling climate change and it is right time for the municipal governments to think of resilient city planning to contribute to emission reduction targets, addressing challenges such as air and water pollution, and provide a host of other co-benefits.” Cities in Nepal, such as Kathmandu, even have a unique opportunity to support the country's access to much important climate finance which is a key condition for Nepal to meet its climate targets and be resilient to the climate crisis. A clear roadmap and strategy on climate action can help mobilise financing not just through the generation of a bankable pipeline to attract climate finance but also through a <a href="https://cff-prod.s3.amazonaws.com/storage/files/EDsd35B78syp19aUcji1Rz37HKMHpsVaNrMODbgy.pdf">variety of financing options</a> ranging from public to private sources of finance.&nbsp; Such a strategy can come from the national level as national approaches can be more efficient than city-level actions but needs to be complemented with implementation plans and roadmaps in the city level, tailored to the unique circumstances of each city, to ensure the centralised approach is executed, individualised and taken forward in the local level.&nbsp; Suman Basnyat, Infrastructure Finance Specialist and an advisor to a former Minister of Energy, Water Resource and Irrigation, flags that “city-level governments in Nepal still depend on national funding and therefore are spared the fiscal space for large-scale local climate actions. It holds true for all layers of government in Nepal. This fact opens up a huge investment potential for the private sector on city-level climate action but this also needs to be based on reasonable reciprocity of risk and return.”&nbsp; Green bonds have emerged as key debt instrument to mobilise climate finance globally, and this conversation is picking up at the national level in Nepal. A green municipal bond is a <a href="https://oneplace.fbk.eu/financing-energy-efficiency/financing-energy-efficiency/transnational-methodological-framework/financing-models-for-energy-efficiency/green-municipal-bonds/">fixed-income financial instrument</a> for raising capital through the debt capital market. The Green City Bonds Coalition has developed a guidebook on <a href="https://www.climatebonds.net/files/files/How-to-Issue-Green-City-Bonds.pdf">how cities can issue a green municipal bond</a> which can be issued to fund green projects in cities for a range of projects including climate-friendly urban infrastructure, such as low-carbon buildings, metro rail systems, wastewater treatment plants and renewable energy.&nbsp; China provides an example of green bonds. With China being the world´s second-largest green bond market, local governments can make use of a <a href="https://www.climatebonds.net/files/reports/cbi_gfo_china_05b.pdf">green “municipal special purpose bond”</a> to raise money for climate action. These green bonds are not directly issued through the municipality itself but through companies capitalised and owned by the local government such as state-owned enterprises.&nbsp;  <figure> <img src="https://publisher-publish.s3.eu-central-1.amazonaws.com/pb-nepalitimes/swp/asv65r/media/20230606060640_f9b1360686c4ffa06ed369b2cf87040ff93d170c2d544d2280b3562e8f996fac.jpg" data-media-id="editor_20" data-image-id="20230606060640_f9b1360686c4ffa06ed369b2cf87040ff93d170c2d544d2280b3562e8f996fac" data-rendition-name="original" width="780" height="355" loading="lazy" alt="Green bonds"> <figcaption>Green Bond Issuances by Entities (Source: Climate Bonds Initiative)</figcaption> </figure>  Mathias Lund Larsen, a Senior Research Consultant at the International Institute of Green Finance in Beijing, notes that “growth in the green bond market has been an important contributor to financing China’s infrastructure gap through green financing. At the local level, state-owned enterprises owned by local governments typically are the ones issuing green bonds.”&nbsp; Although<a href="https://www.undp.org/nepal/publications/background-policy-paper-green-financing-nepal"> far-fetched at this stage</a> for a country with a shallow capital market, poor credit culture, and debt-management practice, a clear roadmap can also pave the way for Nepali cities with adequate fiscal capacity to eventually attract financing for climate mitigation actions through municipal climate and green bonds, although a bond is just one instrument as part of the broader financing toolbox.&nbsp; Mathias adds, “while ambitious, it is important for city governments in developing economies to understand and ideate the role it can play in tackling climate change and ways to mobilise finance towards that endeavor.” The opportunities are plentiful for cities in Nepal to drive climate action at the heart of where it is most needed and enable the inflow of critical climate finance to turn Nepal’s ambitious climate policies into a reality. This needs to be complemented by clear recognition of city-level action in national climate policies, with due harmonisation to ensure effective implementation, and tailored roadmaps in the city-level to take this forward. Starting a conversation is the first step that needs to be followed by significant capacity building efforts to ensure sub-national and city level climate action planning scales up in Nepal and urban residents can benefit from improved climate mitigation and resilience. Rastraraj Bhandari works on climate finance and carbon markets, and contributes regularly to Nepali Times on issues related to climate change. Simone Weichenrieder works on the intersection between climate resilience, private sector engagement and conservation finance.