Kathmandu; March 27, 2013 - The World Bank, acting as administrator for the Global Partnership on Output-Based Aid (GPOBA), has approved a grant of US$4.3 million to improve access to high quality and financially sustainable solid waste management (SWM) services in participating municipalities in Nepal. The grant will finance service delivery subsidies for each participating municipality, over a four year period, to cover the gap between the costs of delivering solid SWM services and the beneficiary revenues collected through SWM fees, provided that the said services meet verified minimum performance criteria. Subsidies will be paid to municipalities based on agreed multiples of verified beneficiary revenue collected upon the services’ meeting pre-agreed minimum performance criteria.Related
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