10/09/2026
Nepal has sought an initial $20 million (over Rs 3 billion) from the international Loss and Damage Fund, arguing that the devastating Rasuwa floods were linked to climate change.
The claim was submitted under the UN climate framework, with officials saying the amount could increase after a detailed assessment of the disaster’s damage.
Nepal, despite contributing very little to global greenhouse gas emissions, remains highly vulnerable to climate change.
Experts say the country has a strong case for support from the Fund following the Bhotekoshi River floods in Rasuwa, which caused extensive loss of lives and property.