Nepalis are going to become old without becoming rich despite plethora of opportunities and possibilities of development in the country.
Nepal has not been working seriously in achieving the targets of Sustainable Development Goals (SDGs), neither has it been able to connect to the green economy, said former vice chair of the National Planning Commission (NPC) Dr Swarnim Wagle, addressing a session on ‘green economy’, in the first iteration of Sgarmatha Sambaad.
“The agriculture-based economy of ours has entered into the service sector skipping the industrial development, which has made the achievement of SDGs even harder” he said, adding that Nepal must embrace green economy for the prosperity. “The delinking of the economy has increased the danger of the current youth generation to become old without becoming rich.”
Nepal has the demographic advantage as around 65 per cent of Nepalis are under the age of 40. But according to the World Bank, Nepal will become ageing country in a decade, meaning the country has a window of 10 years to be developed country. Otherwise, Nepalis wil become old without becoming rich, the World Bank study reveals.
Climate change has affected almost all the sectors including agriculture, hydropower, infrastructure and even banking, according to Federation of Nepalese Chambers of Commerce and Industry (FNCCI) president Bhawani Rana.
Emphsising on the green economy to achieve SDGs, she said the private sector has also been affected by the climate change. “The solution is to give more priority to the climate change and green economy,” she added.
Nepal is organising ‘Sagarmatha Sambaad’, a multi-stakeholder, permanent global dialogue forum in Kathmandu on April 2-4 under the theme ‘Climate Change, Mountains and the Future of Humanity’.
Addressing the inaugural session, foreign minister Pradeep Kumar Gyawali said the government plans to promote the biennial ‘Sgarmatha Sambaad’ as the soft power of Nepal’s diplomacy.
“‘Sagarmatha National Sambaad’ has been organised to stimulate national-level dialogue in the run-up to the Sagarmatha Sambaad,” he said adding that it will be a forum to deliberate on the most prominent issues of global, regional and national significance. “Nepal will also utilise the platform for sharing its experience.”
Stating rationale behind adopting the theme of climate change for the first iteration of the event, Gyawali said that Nepal is bearing the brunt of climate change despite the fact that it had negligible contribution to green-house gas emission. “Mostly the climate change agenda has been raised by the western world and island counties such as Maldives, but Himalayan states which faced equal threat lagged behind,” he said, adding that Sagarmatha Sambaad wants to create a link to ensure collaboration between highland and island states.
Nepal has not been working seriously in achieving the targets of Sustainable Development Goals (SDGs), neither has it been able to connect to the green economy, said former vice chair of the National Planning Commission (NPC) Dr Swarnim Wagle, addressing a session on ‘green economy’, in the first iteration of Sgarmatha Sambaad.
“The agriculture-based economy of ours has entered into the service sector skipping the industrial development, which has made the achievement of SDGs even harder” he said, adding that Nepal must embrace green economy for the prosperity. “The delinking of the economy has increased the danger of the current youth generation to become old without becoming rich.”
Nepal has the demographic advantage as around 65 per cent of Nepalis are under the age of 40. But according to the World Bank, Nepal will become ageing country in a decade, meaning the country has a window of 10 years to be developed country. Otherwise, Nepalis wil become old without becoming rich, the World Bank study reveals.
Climate change has affected almost all the sectors including agriculture, hydropower, infrastructure and even banking, according to Federation of Nepalese Chambers of Commerce and Industry (FNCCI) president Bhawani Rana.
Emphsising on the green economy to achieve SDGs, she said the private sector has also been affected by the climate change. “The solution is to give more priority to the climate change and green economy,” she added.
Nepal is organising ‘Sagarmatha Sambaad’, a multi-stakeholder, permanent global dialogue forum in Kathmandu on April 2-4 under the theme ‘Climate Change, Mountains and the Future of Humanity’.
Addressing the inaugural session, foreign minister Pradeep Kumar Gyawali said the government plans to promote the biennial ‘Sgarmatha Sambaad’ as the soft power of Nepal’s diplomacy.
“‘Sagarmatha National Sambaad’ has been organised to stimulate national-level dialogue in the run-up to the Sagarmatha Sambaad,” he said adding that it will be a forum to deliberate on the most prominent issues of global, regional and national significance. “Nepal will also utilise the platform for sharing its experience.”
Stating rationale behind adopting the theme of climate change for the first iteration of the event, Gyawali said that Nepal is bearing the brunt of climate change despite the fact that it had negligible contribution to green-house gas emission. “Mostly the climate change agenda has been raised by the western world and island counties such as Maldives, but Himalayan states which faced equal threat lagged behind,” he said, adding that Sagarmatha Sambaad wants to create a link to ensure collaboration between highland and island states.
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