According to ADB, the proposed project will increase agricultural income of approximately 40,000 farm households in 100 municipalities in hilly areas of five provinces: Province 1, Bagmati, Gandaki, Karnali and Sudurpashchim. This will be mainly achieved through the development of approximately 10,000 hectares (ha) of climate resilient fruit and nut orchards providing value-addition to the nuts and fruits produced by at least 30,000 farm households. The project will also improve the institutional capacity for managing the nursery and horticulture sector. For about 10,000 smallholder households, who are not capable of investing in fruit and nut orchard development in the project provinces, the project will assist them to improve their vegetable and other nutritious crop production and its marketing.
The project adopts several innovative approaches that are new to the country, such as (i) carbon sequestration benefit assessment of fruit and nut tree vegetation on barren land, (ii) new fruit and nut tree variety development considering climate change scenarios, (iii) digital payments to enhance the transparency and effectiveness of subsidy distribution and the agricultural input supply system, (iv) the establishment of a horticulture advisory system and farmer group management monitoring based on digital technologies, (v) the exploration of carbon sequestration payments, (vi) the exploration of snow water harvesting for orchard management, and (vii) the exploration of a CGF for smallholder farmers. The CGF was jointly designed Sector Financial Institutions Division, Private Sector Operations Department under a One ADB approach. The project’s One ADB team will explore possibilities of nonsovereign lending to a partner financial institution that will finance project beneficiaries. with ADB’s Private Sector Financial Institutions Division, Private Sector Operations Department under a One ADB approach. The project’s One ADB team will explore possibilities of nonsovereign lending to a partner financial institution that will finance project beneficiaries.
The project contributes to fulfilling ADB’s commitment on the Kathmandu Declaration on Nepal’s Green Resilient and Inclusive Development signed by the Government of India and international development partners.
|Responsible ADB Officer||Kim, Sunae|
|Responsible ADB Department||South Asia Department|
|Responsible ADB Division||Environment, Natural Resources & Agriculture Division, SARD|
|Executing Agencies||Ministry of Agriculture and Livestock Development|
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