Nepal has requested $20m from the UN loss-and-damage fund after August floods, covering just 0.7% of estimated losses. Total developing-country requests already exceed pledges, and no funding has been disbursed.
News
Analysis: Nepal’s $20m ‘loss-and-damage’ claim only covers 0.7% of flood costs
Nepal’s flood claim highlights the gap between climate disaster losses and UN fund resources.
Nepal has requested $20m from the UN loss-and-damage fund after August floods, covering just 0.7% of estimated losses. Total developing-country requests already exceed pledges, and no funding has been disbursed.
Where This Came From
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