CNI, HCL sign MoU
The Confederation of Nepalese Industries (CNI) has signed a memorandum of understanding (MoU) with Himalayan Climate Initiative (HCI) in the presence of Minister for Environment, Science and Technology Keshab Man Shakya amidst a function in Kathmandu on Sunday.
The MoU, which is considered as a first bold step of Nepal’s business leaders for putting Nepal on a low carbon development and green economy path, brings CNI and HCI together.
As per the agreement, the Association would help build the capacity of CNI members on issues related to Climate Change and climate financing with the purpose of putting the private sector in leadership role.
The president of CNI Binod Chaudhary said that the government and all sectors should come together through a cohesive platform stressing on the need for creating incentives through practical plans to help the Nepali industries at the formative stage when they are struggling to move towards a greener path.
‘We need to build on our strengths in terms of harnessing our renewable energy sources. Creating incentives for the private sector investment in the renewable energy will bring benefits to all,’ said Secretary at Ministry of Environment Science and Technology Krishna Gyawali.
The CEO of HCI Prashant Singh highlighted the benefits of going green for the Nepali industries and economy and committed that this partnership will bring concrete results in a relatively short span of time. Nepalnews.com