The Confederation of Nepalese Industries (CNI) and Himalayan Climate Initiative (HCI), a civil society organization working in the field of climate change, on Sunday signed a memorandum of understanding (MoU) to work together for green economy and less carbon emission.
According to a press release issued on Sunday, the agreement between the two organizations will be a step forward to work in the area of climate change and functioning.
“Government and all sectors should come together to create incentives through practical plans to help the Nepalese industries at this formative stage when they are struggling to move towards a greener path,” the release quoted Binod Chaudhary, president of CNI, as saying in the MoU signing ceremony.
According to release, the MoU 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 the leadership role.
Prashant Singh, CEO of the HCI, highlighted the benefits of going green for the Nepalese industries. “This partnership will bring concrete results in a relatively short span of time,” the release quoted Singh as saying.
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