section_path: Climate-related concerns/Policy changes
section_name: Policy changes
paragraph_text: Policy changes
  
  Nepal is a part of the Paris agreement and thus is required to have a climate action plan and is being tracked by the Climate Action Tracker. According to the Climate Action Tracker, Nepal is "almost sufficient" on its track to reach the goals set by the Paris Agreement. There are two factors that hold Nepal back from reaching sufficient status and thus stand out. There is no Climate Finance Plan and emissions and temperature rising rate ranking at critically insufficient. Nepal has many goals, however, that are on track with the Paris Agreement. The first of note being a goal of net-zero emissions by 2045. To reach this goal Nepal submitted two separate plans to account for whatever future they experience the first being WAM (with additional measures) and the second being WEM (with existing measures). WEM is based primarily on already existing policies and highlights the energy sector as the main target for CO2 reduction. The WAM scenario introduces a far more ambitious strategy for reducing emissions. In this scenario the focus is primarily on an intervention method and disruption of the energy sector reducing the use of fossil fuels and the incorporation of renewable energy sources. This pathway heavily relies on reducing emissions from energy sources while preserving the carbon-absorbing capacity of the LULUCF (Land Use, Land-Use Change and Forestry) sector. Under this scenario, it is anticipated that net CO2 emissions will remain negative from 2020 to 2030, approach 'zero' between 2035 and 2045, and then revert to negative values by 2050. The goal of this scenario is to accelerate the journey toward achieving carbon neutrality before 2045. These policies along with many more have Nepal on track to stay beneath the 1.5 threshold set by the Paris Agreement.