Month: September 2026

Nepal bet nearly everything on hydropower – the floods show why that’s a problem

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Hydropower continues to dominate large-scale investments in Nepal, and some climate activists say the funding has continued despite known disaster risks. The Upper Trishuli-1 project, which has been all but destroyed after last week’s floods, was one of Nepal’s largest foreign direct investment ventures, valued at about $647m. Its backers include the Asian Development Bank […]

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