Nepal to Receive $20 Million USD from Loss and Damage Fund for Flood Relief
Summary
The Loss and Damage Fund has approved $20 million for Nepal to support relief, rehabilitation, and reconstruction after the devastating BhoteKoshi-Trishuli floods. More than 60,000 people have been affected, with widespread loss of life, missing persons, and damage to homes and infrastructure.
Key Points
- The Loss and Damage Fund will provide Nepal $20 million for flood relief, rehabilitation, and reconstruction in the BhoteKoshi-Trishuli region.
- The decision followed a formal request from the Government of Nepal and weeks of consultations among fund board members.
- The floods and landslides on Bhadra 10 affected about 15,000 households, with reports of more than 1,500 deaths and over 5,000 people missing.
- The aid is expected to support immediate relief efforts as well as long-term rebuilding in the affected communities.
