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Economic Aspects | Natural Resource Aspects | Institutional Aspects | Social Aspects |Nepal

ECONOMIC ASPECTS OF SUSTAINABLE DEVELOPMENT IN NEPAL

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INTERNATIONAL COOPERATION

No information is available.

 

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TRADE

Decision-Making: Coordinating Bodies   

No information is available.

Decision-Making: Legislation and Regulations 

In the case of trade-related investment measures, every attention is being paid to take into account environmental concerns.

Attention is also being given to the development of labour intensive technology with prior environmental impact assessment. The focus is on the massive use of renewable resources. Various measures, including the export bonus voucher and the dual exchange rate system, have been introduced to stimulate exports. There are no restrictions on imports except on contraband items. In addition, payments for goods and services have benefited from the convertibility of the Nepalese currency.

Decision-Making: Strategies, Policies and Plans  

Macro-economic stabilization has been introduced in the Eighth Five-Year Plan to ensure economic growth. It aims at moving Nepal to a higher sustainable growth path by invigorating private sector participation in economic activities. To supplement this objective, Nepal has adopted a liberal trade policy in order to expand exports, to attract foreign investments, to make domestic products competitive, to diversify trade, and to generate employment. Population, forestry, education, health, fiscal policies, and construction works are all involved in the area.

Environmental concerns are being looked at in the process of formulating policies, plans and programmes including gradually being incorporated into the trade sector. Nepal is now in the process of becoming a member of the World Trade Organization (WTO) and is showing growing awareness of the WTO sanitary and phytosanitary rules and the International Standard Organization (ISO 14000).

Decision-Making: Major Groups Involvement  

No information is available.

Programmes and Projects 

No information is available.

Status 

Nepal has bilateral trade relations with approximately 17 countries, based on the Most Favoured Nations principle. With India the relationship is based on preferential agreements. It should, however, be noted that sandwiched between two giant nations, China and India, this mountainous Kingdom with rugged terrain has very high transport costs.

Challenges

No information is available.

Capacity-building, Education, Training and Awareness-raising 

No information is available.

Information 

No information is available.

Research and Technologies 

No information is available.

Financing 

No information is available.

Cooperation

Since this is a new area for Nepal, international agencies have been expressing their support in contrast to more traditional kinds of assistance.

Nepal participates in the work of the United Nations Conference on Trade and Development (UNCTAD), General Agreement on Tariffs and Trade (GATT) (1994), Economic and Social Commission for Asia and the Pacific (ESCAP), World Bank, International Monetary Fund (IMF), and Asian Development Bank (ASDB) in this field.

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This information is based on Nepal's submission to the 5th Session of the Commission on Sustainable Development, April 1997. Last update: 1 April 1997.

Click here to access UNCTAD's "Country Background" on Nepal, including a basic statistical profile and summary text

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CHANGING CONSUMPTION PATTERNS

Decision-Making: Coordinating Bodies   

This area involves the Ministry of Education, the Nepal Oil Corporation (NOC) (whose Managing Board has representation from the Ministry of Finance), the Nepal Industrial Development Corporation, and the Ministry of Supply.

The Ministry of Supply is responsible for supplying essential commodities such as petroleum products along with coal, timber, food grains through National Trading Limited, Nepal Oil Corporation, Nepal Food Corporation, Nepal Coal Limited, and Timber Corporation of Nepal, and others.

The Ministry of Supply provides liquefied petroleum gas (LPG) for cooking purposes in urban areas.

Decision-Making: Legislation and Regulations 

No information is available.

Decision-Making: Strategies, Policies and Plans  

No information is available.

Decision-Making: Major Groups Involvement  

No information is available.

Programmes and Projects 

Programmes are being formulated and given priority to raise national productivity through industrial growth. It has been deemed essential to modernize traditional industries in order to reduce production costs and to increase production potential. Special consideration is given to commodities with export potential and to joint-enterprises in order to enhance product quality.

Besides being a source of material for the biogas plants, tree plantations serve the objectives of the forestry programme.

Status 

No information is available.

Challenges

No information is available.

Capacity-building, Education, Training and Awareness-raising 

Nepal has promoted education on nutrition, taught from the primary level onwards in order to raise public awareness on the nutritive values of food, on the different types of food, on cooking methods to save nutritive values, on the way foodstuffs should be stored, and on the changes needed in eating habits. It has also been planned to introduce nutritive education into adult literacy programmes as well as into agriculture productivity- oriented projects in order to enhance the quality of food storages and to bring about changes in eating habits.

Information 

No information is available.

Research and Technologies 

No information is available.

Financing 

The main goal of the Nepal Oil Corporation is to provide pure aviation fuel for aircraft and for vehicles. NOC has its own Fund for building oil reserve tanks around the country. The Fund is partly funded by the Government through foreign aid and the ADB.

Kerosene oil depots have been established in places so that a regular energy supply for people can be ensured without harming the forests.

Cooperation

No information is available.

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This information is based on Nepal's submission to the 5th Session of the Commission on Sustainable Development, April 1997. Last update: 1 April 1997.

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FINANCING

Decision-Making: Coordinating Bodies   

No information is available.

Decision-Making: Legislation and Regulations 

New economic instrument introduced in Nepal include:

There is now a duty concession for environmentally-friendly vehicles. Among environmentally-unfriendly subsidies that have been eliminated was a previous import duty rebate provided to public vans and cars in Kathmandu, the capital of Nepal.

Decision-Making: Strategies, Policies and Plans  

Nepal's goal is economic growth with stability, poverty alleviation and rural development.  Environment is a top priority. Agriculture, forestry, power infrastructure projects and the social sector give sustainability much importance in terms of institutionalisation, replicability and financial capacity.

Decision-Making: Major Groups Involvement  

No information is available.

Programmes and Projects 

No information is available.

Status 

No information is available.

Challenges

No information is available.

Capacity-building, Education, Training and Awareness-raising 

No information is available.

Information 

No information is available.

Research and Technologies 

No information is available.

Financing 

Both domestic and foreign resources are used for achieving high economic growth, poverty alleviation, employment, rural development and empowerment. Of the annual budgets of His Majesty's Government of Nepal (HMG/N), an average of 35% is from foreign funds, and 62% of this development funding is ODA funding.

Other aspects of financing include:

Cooperation

No information is available.

 

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This information is based on Nepal's submission to the 5th Session of the Commission on Sustainable Development, April 1997. Last update: 1 April 1997.

For information on participating States in the Global Environment Facility, click here:
For information about issues and projects in Asia and and the Pacific from the World Bank, click here:

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TECHNOLOGY

Transfer of Environmentally Sound Technology

Decision-Making: Coordinating Bodies   

No information is available.

Decision-Making: Legislation and Regulations 

No information is available.

Decision-Making: Strategies, Policies and Plans  

No information is available.

Decision-Making: Major Groups Involvement  

No information is available.  

Programmes and Projects 

No information is available.

Status 

No information is available.

Challenges

No information is available.

Capacity-building, Education, Training and Awareness-raising 

No information is available.

Information 

With regard to the promotion of Environmentally Sound Technology, cooperation and capacity-building, the Ministry is looking forward to setting up information linkages and networks within a reasonable time in pursuance of national activities as well as regional inputs. In this respect, Nepal remains prepared to consider available programmes in order to participate actively in the exchange and promotion of an information network system.

Research and Technologies 

No information is available.

Financing 

No information is available.

Cooperation

No information is available.

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This information is based on Nepal's submission to the 5th Session of the Commission on Sustainable Development, April 1997. Last update: 1 April 1997.

 

Biotechnology

Decision-Making: Coordinating Bodies   

The Ministry of Science and Technology was established in 1996 with the aim of conducting various programmes in the field of science and technology in an organized way and linking them with the national development process.

Decision-Making: Legislation and Regulations 

No information is available.

Decision-Making: Strategies, Policies and Plans  

The following are the main policies on environmentally sound management of biotechnology:

Decision-Making: Major Groups Involvement  

No information is available.

Programmes and Projects 

No information is available.

Status 

No information is available.

Challenges

No information is available.

Capacity-building, Education, Training and Awareness-raising 

No information is available.

Information 

No information is available.

Research and Technologies 

It has been necessary to develop, improve and use appropriate food preservation, storage and processing technologies to bring about essential upgrading in the nutrition level of the general public through an increased availability of food commodities. In this context, biotechnology studies and research have been a priority concern and therefore technical support needs to be extended to agro-industries.

Financing 

No information is available.

Cooperation

Regional and international cooperation is in the process of being decided.

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This information is based on Nepal's submission to the 5th Session of the Commission on Sustainable Development, April 1997. Last update: 1 April 1997.

Click here to link to the Biosafety Information Network and Advisory Service (BINAS), a service of the United Nations Industrial Development Organization (UNIDO), which monitors global developments in regulatory issues in biotechnology.
Click here to go to the Web Site of UNEP's International Register on Biosafety.
Click here for the International Centre for Genetic Engineering and Biotechnology Biosafety WebPages

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INDUSTRY

No information is available.

 

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TRANSPORT

No information is available.

 

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SUSTAINABLE TOURISM

No information is available.

 

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