For most of us, a safe and secure home is at the centre of our lives. It is the place where we eat, sleep, study, raise a family, socialize and take sanctuary. For many people, it is also their most significant financial asset. We work all our lives for it, and continuously invest time, money and energy to improve it.
1. Housing and Human Settlements
The sector of housing and human settlements was affected the most. The total effects (damages and losses) are valued at NPR 350,379 million, with the total damages amounting to NPR 303,631 million and the total losses estimated at NPR 46,748 million.
Background Nepal is the 11th most earthquake-prone country in the world. Ever since the first recorded earthquake of 1255 AD that killed one-third of the population of the Kathmandu Valley and its King, Abhaya Malla, Nepal has experienced a major earthquake every few generations. The last great earthquake (of magnitude 8.4) in 1934 AD resulted in more than 10,000 deaths in the Kathmandu Valley. Most of the infrastructure and major heritage sites had to be rebuilt. There have since been earthquakes causing severe human and physical loss in 1980, 1988 and 2011.
In announcing a report published today, Sir Malcolm Bruce MP, Chair of the Committee, said that Nepal has huge economic potential, but progress is held back by poor governance and corruption.
DFID Nepal’s Operational Plan 2011-2015
Asia-Pacific actions to address climate change will have global impact
Jakarta -- Countries in Asia and the Pacific are at a crossroads and must now strike a balance between rising prosperity and rising emissions. Their success or failure will have repercussions worldwide, predicts a new report released today by the United Nations Development Programme.
ADB Assistance to Developing Asia Tops $21.7 Billion in 2011
MANILA, PHILIPPINES – The Asian Development Bank (ADB) approved $21.72 billion in financing operations last year, a 14.5% increase on ADB’s previous year’s financing, according to its 2011 Annual Report, released ahead of the organization’s 45th Annual Meeting of the Board of Governors, to be held from 2 to 5 May in Manila, Philippines.
The UN Asia-Pacific Regional Cooperation Mechanism Thematic Working Group (TWG) on International Migration including Human Trafficking has launched the 2012 Situation Report on International Migration in South and South-West Asia in Dhaka, Bangladesh.
The multi-agency report stresses the importance of coherent migration policies and increasing collaboration among countries of origin, transit and destination in South and South-West Asia.
• The UK Government is determined to help reduce the inequalities of opportunity we see around the world today. We believe that promoting global prosperity is both a moral duty and in the UK’s national interest. Aid is only ever a means to an end, never an end in itself. It is wealth creation and sustainable growth that will help people to lift themselves out of poverty.