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Beyond Aid: Rethinking Development Finance in Nepal
As Nepal transitions from aid to investment-led growth, development finance is taking center stage. In this episode, UNDP Nepal’s Deputy Resident Representative Mr. Julien Chevillard, Vice President at Nepal Infrastructure Bank (NIFRA) Ms. Smriti Sharma, and Arnaud Heckmann, Country Operations Head, Asian Development Bank, Nepal explore how public and private finance can work together to drive sustainable development.
The discussion unpacks evolving financing models, the role of institutions like NIFRA and ADB, and the importance of de-risking investments to unlock capital at scale. It also highlights UNDP’s role in supporting innovative financing frameworks and strengthening policy environments. Bringing together global and national perspectives, this episode examines how smarter finance can accelerate Nepal’s development ambitions.
