USD 7.7 Mn Japanese Aid for Nepal to Fight Poverty
Wednesday, August 31, 2011
Kathmandu: Japan has granted USD 7.7 million to help Nepal reduce poverty and child malnutrition.
The Japan Fund for Poverty Reduction has granted the amount for three projects which will be administered by the Asian Development Bank (ADB).
The ADB has teamed up with the government of Japan and government of Nepal to help reduce child malnutrition, develop new livelihood opportunity for the poor and provide greater access to clean energy for poor rural woman through the grant assistance, Manila-based bank said in a statement.
“ADB is very much pleased to work with the governments of Nepal and Japan on these projects which are targeted at benefiting the most vulnerable and often excluded groups in Nepalese society, women, children and extremely poor,” said Barry Hitchcock, ADB’s Country Director for Nepal while launching the projects in Kathmandu yesterday.
The first project – “Reducing Child Malnutrition through Social Protection” – will help Nepal improve planning and delivery of its social protection programme aiming to enhance effectiveness in the delivery of recently released child grants so as to contribute to the reducing the country’s stubbornly high levels of child malnutrition, ADB said.
The Support for Target and Sustainable Development Programme for Highly Marginalised Groups project will provide assistance to develop livelihood opportunities and improve income in some of Nepal’s most disadvantaged communities.
The third project Improving Gender Inclusive Access to Clean and Renewable Energy in Bhutan Nepal and Sri Lanka Project will promote greater access to clean energy for poor rural women in South Asia.