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Promoting Environmental and Social Standards in the Hydropower Industry in Nepal

November 22, 2019 Kathmandu: Nepal Bankers’ Association & Independent Power Producers’ Association Nepal, together joined in the commitments to drive long-term sustainable growth, safeguard the environment and to deliver measurable benefits to society and the real economy through hydropower activities, responsible financing decisions.

The approaches to attain such desirable outcomes include:

  • Making and getting uptake of the business case for why sustainability matters in Nepal.
  • Communicating progress for transparency and accountability.
  • Building the capacity required to improve environmental, social and economic performance through awareness raising and practical training across both sectors.
  • Developing a process to engage relevant government agencies, industry, civil society and international-institutions to create an enabling environment for success.