Nepal’s Development Story: 60 Years of the International Development Association in Nepal

Nepal is a land-locked country in the Himalayas and home to more than 30 million people. The country has undergone many changes and challenges over the past decade: conflict, Covid, the climate crisis, and many others. Despite these challenges, Nepal has achieved significant development progress. In the past few decades, Nepal reduced extreme poverty from 25% to 4%, increased forest cover from 25% to 45%, and more recently vaccinated 85% of Nepalis against Covid. Over the years, Nepal connected millions of people to energy, roads, water, and telecom services. The World Bank Group’s International Development Association (IDA) has been a trusted partner in Nepal’s development story for 60 years. Going forward, IDA will be critical to support Nepal’s homegrown green, resilient, and inclusive development (GRID) agenda for the country’s sustainable and inclusive growth. Learn more: http://wrld.bg/BKbt50Rv9Bv    • IDA: The World Bank's Fund for the Po...  

💬 Subtitles (CC) available in English, Nepali

0:00 World Bank Group’s International Development Association (IDA)
0:20 Nepal's challenges
0:39 Nepal's development results
1:18 Nepal's homegrown green, resilient, and inclusive development
2:35 IDA21 for scaling up Nepal's development results

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