KATHMANDU: NMB Bank Limited and the International Centre for Integrated Mountain Development (ICIMOD) have signed a memorandum of understanding to promote sustainable and climate-resilient development. The partnership aims to enhance the green financing sector in Nepal by bridging science-based knowledge and solutions with financial opportunities.
Under this collaboration, ICIMOD’s research, technical knowledge, and capacity-building experience will be integrated with NMB Bank’s financial expertise. This initiative is expected to help identify sustainable projects and investment opportunities that contribute to environmental conservation, climate change mitigation, and the resilience of local communities.
NMB Bank has been prioritizing sustainable and green banking, consistently advancing environmentally friendly and responsible financial practices. The partnership between the bank and ICIMOD is expected to strengthen the synergy between science, finance, and sustainable development, contributing to long-term, eco-friendly economic growth in Nepal.
