ľ¹ÏÓ°Ôº

Skip to Main Navigation
PRESS RELEASESeptember 22, 2023

World Bank Approves $20 Million Grant to Support Nepal¡¯s Agriculture and Nutrition Sector

WASHINGTON, September 22, 2023 ¨C Ä¾¹ÏÓ°Ôº has approved a grant of $20 million to support the Government of Nepal¡¯s Food and Nutrition Security Enhancement Project (FANSEP)-II. The project aims to benefit more than 55,000 small-holder farmers in 16 rural municipalities in Nepal through improved agricultural productivity and nutrition practices and scaling up climate-smart agriculture practices.

¡°Achieving food and nutrition security and reducing poverty are national goals of the Government of Nepal, in line with commitments to realize the Sustainable Development Goals and Zero Hunger Challenge,¡± said Faris Hadad-Zervos, World Bank Country Director for Maldives, Nepal, and Sri  Lanka. ¡°This operation supports the Government of Nepal¡¯s efforts to enhance productivity and livelihoods and improve nutrition security of marginalized communities.¡±

FANSEP-II has three components: climate and nutrition smart agricultural technology adaptation and dissemination, income generation and diversification, and improving nutrition security. It aims to build on the success of the , which is closing on June 30, 2024.

¡°The operation, financed by a grant from the Global Agriculture Food Security Program (GAFSP) Trust Fund, is aligned with Nepal¡¯s green, resilient, and inclusive development agenda and will help build the resilience of marginalized communities in food insecure and disaster-affected areas of Nepal,¡± stated Karishma Wasti, World Bank¡¯s Project Task Team Leader.

Contacts

Kathmandu
External Affairs Officer
Akash Shrestha
Washington, DC
Senior External Affairs Officer
Diana Chung

Blogs

    loader image

WHAT'S NEW

    loader image