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News from The Third Pole

Regional updates from Shalinee, Dialogue Earth's South Asia reporter, February 12, 2026 

In Bhutan, where hydropower underpins the economy, clean energy ambitions are now expanding. At the World Governments Summit 2026 in early February, Bhutan’s Prime Minister Tshering Tobgay said that Bhutan is seeking increased UAE investment in clean energy sectors, especially hydropower expansion, green hydrogen, and technology-enabled uses such as data centres and future green fuel industries. Highlighting Bhutan’s renewable energy potential, Togbay said in Dubai that energy from renewable hydropower can be used in green data centres and AI computing, as well as to produce green hydrogen.


Just across the border in Nepal, the Green Climate Fund, the world’s largest climate fund, has signed a grant agreement with one of Nepal’s largest commercial banks. This partnership with Nepal Investment Mega Bank (NIMB) is said to be the first step in unlocking increased domestic and international private capital for climate action in the Himalayan country. 


And finally, Dialogue Earth is currently in Mumbai, planning a very special run-up event to the prestigious Mumbai Climate Week. In India’s first city-led climate week, we are bringing together experts from various backgrounds to discuss urban heat with one core question: Is India getting too hot for roti, kapda aur makaan? 


(Sources: Dialogue Earth)

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