KATHMANDU: The fourth edition of Himalayan Consensus Summit, an annual event bringing together pioneers, business and financial leaders across the region to forge pragmatic ways to local challenges, concluded on Tuesday with six sessions and three presentations. The summit was hosted by the Himalayan Consensus Institute, Hong Kong with Nepal Economic Forum as its secretariat.

The annual summit stands atop the Himalayan Consensus process that was initiated with the issuance of the Himalayan Consensus Declaration in November 2014.

This process symbolises a unique paradigm focused on keeping socio-economic development abreast with environmental conservation in one of the world’s most economically dynamic, environmentally fragile and socially vulnerable regions, that is the Himalayan region.

The process concentrates on Himalayan knowledge and traditions and channelises the same through the summit to achieve solutions in the form of concrete outcomes that are pragmatic, policy-driven as well as applicable and adapted by the concerned governments in the region.