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BackNepal formally requests UN climate fund support following devastating floods
Nepal formally requests UN climate fund support following devastating floods
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SCMP Economy45 minutes agoWorld1 min readChina

Nepal formally requests UN climate fund support following devastating floods

Finance and Environment ministers urge rapid action from the Loss and Damage Fund after catastrophic rock-ice avalanche

Quick Look

  • Nepal has formally requested aid from the UN-backed Loss and Damage Fund following a catastrophic rock-ice avalanche and flooding that killed over 1,300 people.
  • The government seeks rapid, flexible support to address damages exceeding national capacity.

AI-generated summary

Why It Matters

On August 26, a rock-ice avalanche along the Nepal-China border triggered severe flooding. The disaster has resulted in over 1,300 deaths and thousands of missing persons.

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Kathmandu has formally requested the UN-backed Fund for responding to Loss and Damage to “respond rapidly, directly and effectively” amid the country’s worst natural disaster in decades.

In a letter signed by Finance Minister Swarnim Wagle and Environment Minister Gita Chaudhary, officials said early action by the entity would signal a capability to respond “with humanity, flexibility and solidarity when climate-vulnerable countries face loss and damage beyond their capacity to address alone”.

The August 26 tsunami-like flooding – triggered by a rock-ice avalanche along the Nepal-China border – has killed more than 1,300 people, with roughly 5,000 others still missing. On Friday, the Nepal Army rescued two local workers trapped inside a hydropower tunnel for nine days, while a Chinese national was pulled out the following day.

“What Nepal is doing by submitting the request is genuine and right,” Raju Pandit Chhetri, executive director of the environmental non-profit Prakriti Resources Centre, told This Week in Asia. “The support that Nepal might get may be minuscule, but it will send a significant message symbolically and set a precedent for other countries.”

Open Questions

  • Will the UN Loss and Damage Fund approve the request?
  • What is the total estimated economic cost of the disaster?

Related Topics

This article was originally published by SCMP Economy.

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