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Friday, October 23, 2026

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

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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 

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