Kathmandu — Stakeholders at Kathmandu Climate Week 2026 have called for greater private-sector involvement in climate action, particularly through investment, innovation and the implementation of climate-resilient solutions. They stressed the need for stronger cooperation among the government, businesses, financial institutions, development partners, academics and local communities to ensure climate finance reaches vulnerable groups.
At a special session titled “Private Sector for Climate Justice,” FNCCI Agriculture Committee Chair Shiv Prasad Ghimire said the private sector is ready to work with government and development partners on climate action. He highlighted opportunities to use FNCCI’s nationwide network to support climate justice, disaster preparedness, small businesses and green job creation, while pointing to recent flooding along the Bhotekoshi–Trishuli corridor as an example of Nepal’s growing climate risks.
Discussions also focused on expanding climate finance and encouraging private-sector innovation. Participants said rural and remote climate projects often struggle to access conventional financing and called for blended finance, risk-sharing and risk-reduction mechanisms. They identified renewable energy, electric mobility, pollution monitoring, carbon markets, green industries and climate-resilient infrastructure as areas with potential for investment and innovation.
Participants further urged banks and financial institutions to integrate environmental, social and governance (ESG) factors into lending, investment and risk management. They said better climate data, environmental risk assessments, insurance and disaster-recovery mechanisms are needed to strengthen climate finance. Overall, the sessions concluded that the private sector should move beyond being a stakeholder in climate discussions and take a stronger role as an investor, innovator and implementer of climate solutions.
