HomeWorldAsiaNepal to get $20 million from climate fund after deadly August flood

Nepal to get $20 million from climate fund after deadly August flood

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KATHMANDU, Oct 23 (Reuters) - ‌Nepal will receive $20 million in aid ​from the United Nations' climate loss and damage fund after the ⁠devastating flood along its border with China’s Tibet region in August, the government said late on Thursday.

• The ​August 26 flood killed about 1,500 people and more than ‌5,000 are still missing

• The flood affected about 60,000 people from 15,000 families, according to official data, and caused ⁠losses estimated at about $2.7 billion to infrastructure ⁠including roads, bridges, schools and 13 hydropower plants

• Early official estimates show reconstruction bills could top $4.7 billion

• The UN climate aid accounts for less than 1% ‌of what Nepal needs to cover the cost of ⁠the flood

• The support from the ‌Fund for Responding to Loss and ​Damage (FRLD) was to "help address the severe damage caused by climate-related disaster," the Ministry of Agriculture, Forests and ‌Environment said in a statement

• Nepal ​had sought the assistance ⁠in a letter to the FRLD in August, ‌less than a week ⁠after the flood

• Prime Minister Balendra Shah, 36, in his maiden speech to the United Nations in September, said ​Nepal's disaster served ‌as a warning to the world and he blamed ⁠climate change for the flood ​despite his country's negligible emissions

(Reporting by Gopal Sharma; ​Editing by Tom Hogue)

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