Nepal Seeks $2M in Climate Damages After Deadly Floods
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9 Articles
After the flood disaster, Nepal demands compensation from countries with high CO2 emissions. So far, such payments have been refused, but the idea could be given a new chance.
Nepal PM to raise Bhotekoshi flood losses at UNGA climate debate
Prime Minister Balendra Shah will use his UN General Assembly address to spotlight Nepal's climate disasters after the Bhotekoshi flash floods. He will seek climate justice, compensation and subsidised finance for a country hit hard despite low emissions.
Nepal Seeks $2M in Climate Damages After Deadly Floods
Nepal, responsible for under 0.1% of global emissions, is requesting $20 million from the UN Climate Fund after devastating August floods killed over 1,300 people and left 5,500 missing. Total damage may exceed $5 billion, with 20,000+ homes needing rebuilding. Nepal is urging major emitters to fund climate justice and reconstruction efforts.
Nation, which contributes 0.1% of global emissions, requests US$ 20 million from the UN for loss compensation; reconstruction cost is estimated at US$ 5 billion
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