A comprehensive climate vulnerability assessment and barrier analysis will be undertaken to map Nepal’s exposure to climate-related hazards and identify financial, institutional, and technical gaps. Building on this foundation, a strategic framework for the Green Resilient Economic Financing Facility (GREFF) will be developed in alignment with national priorities such as the National Adaptation Plan (NAP), Nationally Determined Contributions (NDC), and the Green, Resilient, Inclusive Development (GRID) platform. This framework will articulate tranche-based visions, objectives, and a theory of change to guide implementation. The facility’s multi-window financing structure—including concessional loans, grants, credit guarantees, and technical assistance—will be designed with clearly defined eligibility and selection criteria for subprojects and sub-borrowers. Operational procedures, digital monitoring tools, and a Facility Administration Manual (FAM) will also be drafted. A pipeline of finance-ready subprojects and integrated resilience packages will be prepared, incorporating climate-smart technologies, gender equality and social inclusion (GESI) measures, and environmental safeguards. Additionally, guidance will be provided for watershed-based, ecosystem-sensitive interventions to enhance co-benefits. Economic and financial analyses, such as cost–benefit assessments, financial internal rate of return (IRR), and contingent valuation, will be conducted alongside the development of due-diligence protocols in accordance with ADB’s Environmental and Social Management System (ESMS). An in-depth policy and institutional review of the proposed Financial Intermediation Loan (FIL) will be carried out, along with capacity-building plans to strengthen government and partner institutions. Support will also be provided for the accreditation of Financing Facility Implementation Partners through assessments of their ESMS, financial management systems, and governance structures. Inclusive stakeholder consultations will be facilitated, ensuring the engagement of government ministries, development partners, the private sector, civil society—including marginalized groups—and community representatives to validate design choices and foster local ownership. Finally, core ADB documentation will be prepared, including contributions to the Report and Recommendation of the President (RRP), the first tranche of the Periodic Financing Request (PFR), the Framework Financing Agreement (FFA), and initial funding proposals to the Green Climate Fund (GCF).