Financing climate change development needs, which are increasingly demanding more financial resources, is as much a challenge as developing both short- as well as long-term programmes for effective climate adaptation and mitigation. Several issues from securing globally available funds to channelling it to various programs transparently and to the highest international accountability standards are crucial in climate financing. The fund has to reach the local people who are most affected by the climate change impacts. Existing public financing arrangement must accommodate these needs as climate funding grows in future. Informed planning and decision making require improved access to information on various sources of climate finance in order to integrate climate finance with the national budgetary system. Hence, the Government of Nepal (GoN) carried out the study on the future for climate financing in Nepal so as to identify critical areas for improvement.