Loss and damage fund approves $20 million for Nepal
Summary
The Fund for Responding to Loss and Damage has approved $20 million for Nepal to support relief, rehabilitation and reconstruction in flood-hit communities in the Bhotekoshi-Trishuli region. The request followed a government appeal after the August 26 floods caused widespread damage and displacement.
Key Points
- The Fund for Responding to Loss and Damage approved a $20 million allocation for Nepal.
- The money will support relief, rehabilitation and reconstruction in flood-affected communities in the Bhotekoshi-Trishuli region.
- Nepal’s agriculture and finance ministers asked the fund for urgent assistance on August 31.
- The August 26 floods left more than 60,000 people affected, with heavy damage and significant loss of life.
