Private sectors can act as a proper driver in the market with respect to investment, diverse project portfolio, competitive market sentiment and professional engagement of domestic and foreign stakeholders to build and operate carbon trading projects.
As a lower middle-income country, with sound and stable macro-economic management, Nepal will be able to borrow from International Financial Institutions in a way that many LDCs cannot.
Dolma Impact Fund, an offshore fund which is the largest PE fund in Nepal, has raised more than USD 100 million (NPR 13.26 billion) via its two funds, mainly sourced from development financial institutions.
Transitioning to a Knowledge Economy could be a possible solution for Nepal with a landlocked geography and limited industrial base.
Known as the ‘yam between two boulders’, Nepal can draw from its strategic geopolitical positioning in South Asia for promoting sustainable energy production in the region.
While some people talk about the stability of the single party authoritarian Panchayat rule, they tend to forget that no prime minister has seen a full five-year term so far; therefore, instability has always been constant in Nepal.