Who Will Pay For Nepal’s Climate Cost?
Summary
Nepal is seeking climate justice and loss-and-damage finance after the August 26 avalanche and floods, arguing that wealthy high-emitting countries should help cover the costs. The piece calls for long-term global political will and resilience-building, not just emergency funding.
Key Points
- Nepal's August 26 avalanche and floods have intensified demands for climate justice and loss-and-damage finance.
- The UN Fund for Responding to Loss and Damage exists to help vulnerable countries, but pledged and received amounts remain far below demand.
- The article argues that wealthy, high-emitting countries must contribute more while Nepal builds its case through international climate diplomacy.
- Vanuatu’s long campaign helped push the loss-and-damage fund into operation in 2023, offering Nepal a lesson in persistence.
