Nepal's Policy Reform Process Complex and Slow, Says Environment Minister

Minister for Forests and Environment, Madhav Prasad Chaugain, stated that the process for policy reform in Nepal is complex. Addressing a program on carbon trading in Lalitpur on Sunday, he mentioned that the process for policy reform in Nepal is cumbersome. He noted that although the process for formulating policy related to carbon trading has begun, it has not yet reached a conclusion. According to him, the slow policy formulation process is creating a situation where investors cannot enter this sector. Minister Chaugain added that due to procedural complexities and delays, only a limited group capable of taking high risks...