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Countries emitting carbon should pay compensation: PM Oli

Metakhabar by Metakhabar
September 22, 2024
in Auto, Featured-news, News, Politics, Society
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New York (USA), Sept 22: Prime Minister KP Sharma Oli has said that Nepal is clear in its view that carbon emitting countries should compensate the non-emitting countries.

Prime Minister Oli, who is here in connection with participating in the 79th United Nations General Assembly (UNGA), leading the Nepali delegation, said this while addressing as the keynote speaker at a programme on Parliamentarians for Fossil Fuel Free, on Saturday.

Stating that Nepal has helped reduce the climate change impact through zero carbon emission, he stressed on compensating the communities suffering from climate change impact due to the emissions by the developed countries. He presented the case of the snow melting in the Nepal Himalayas, including Sagarmatha (Mt Everest).

PM Oli called on the developed countries of the world to increase funding for future climate adaptation as established by the Paris Agreement. “Our future is bright because we are investing for the future,” he said.

Meanwhile, Prime Minister Oli and UN Secretary-General Antonio Gueterres will be having a meeting at the UN headquarters here later in the day.

Prime Minister Oli is accompanied by his spouse Radhika Shakya, Minister for Foreign Affairs, Arzu Rana Deuba, Chief Advisor to PM, Bishnu Prasad Rimal, Foreign Secretary Sewa Lamsal and other senior officials.

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34 points decline in NEPSE, turnover of 1.6 billion
Business

Oil extends gains after latest US strikes, tech suffers more losses

by Metakhabar
July 14, 2026
0

Oil prices jumped and stocks fell again Tuesday after fresh US strikes against Iran that marked a new escalation in...

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