Nepal Seeks $20 Million From Climate Fund for Flood Damage
Summary
नेपाल has requested $20 million from the Climate Change Loss and Damage Fund to help with flood damage in Bhote Koshi, Rasuwa. The proposal says the country needs immediate assistance after the disaster, which officials link to climate change and avalanches in the Himalayan region.
Key Points
- The Government of Nepal has formally asked the Climate Change Loss and Damage Fund for $20 million in relief after flood damage in Bhote Koshi, Rasuwa.
- The request was signed by Finance Minister Dr. Swarnim Wagle and Agriculture Minister Gita Chaudhary, while Secretary Dr. Rajendra Mishra said it is assistance, not compensation.
- Officials said Nepal cannot wait for the fund’s December board meeting and asked for an earlier process because the damage is urgent.
- The article says Nepal is especially vulnerable to climate change impacts despite its very small share of global greenhouse gas emissions.
