UN climate fund allocates $20m to Nepal flood recovery

Summarised from 2 outlets · Updated 23 Oct, 09:32 · Archive

The United Nations has set aside $20 million for Nepal to recover from catastrophic flooding that killed more than 1,400 people.

A UN climate fund has provisionally set aside $20 million to help Nepal recover from catastrophic flooding that killed more than 1,400 people, left thousands missing and caused billions of dollars in damage to homes, schools and hydropower dams in Nepal and China.

Nepal's government estimates the country needs $4.7 billion for recovery and reconstruction. Maheshwar Dhakal, a senior official in Nepal's climate and environment ministry, acknowledged the UN allocation as 'a very small amount compared to what we lost' but welcomed it as a significant signal. He said: 'This shows that the global community can take the right decision at the right time to help those who are most vulnerable to climate change.'

The government had received around $102 million from domestic and international donors as of the end of September. Officials are working with neighbouring countries including India and China, as well as multilateral development banks, to secure additional funding. The $20 million is the first payout from the UN Fund for Responding to Loss and Damage, which was created at the 2022 UN climate conference to assist countries affected by climate change.

How it is being reported

• UN climate fund promises $20 million for Nepal flood recovery, far short of billions neededDisaster-hit Nepal will receive $20 million from the United Nations to help the Himalayan country recover from the devastating floods that killed thousands and destroyed buildings, schools, roads and dams resulting in billions of dollars of damages.News4Jax · 23 Oct, 09:05
• UN climate fund promises $20 million for Nepal flood recovery, far short of billions neededDisaster-hit Nepal will receive $20 million from the United Nations to help the Himalayan country recover from the devastating floods that killed thousands and destroyed buildings, schools, roads and dams resulting in billions of dollars of damages.Clickorlando · 23 Oct, 09:05

In this story: Nepal · United Nations · China · India · Maheshwar Dhakal

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