Nepal will receive a $20 million payout from a climate loss and damage fund following deadly August floods.
A climate-induced ice-and-rock avalanche in Nepal on August 26 triggered devastating floods, killing more than 1,400 people. The UN climate fund approved a $20 million aid allocation for recovery, marking the first time it earmarked money for a specific country.
- The UN climate fund agreed to set aside US$20 million in aid for Nepal.
- The allocation was for Nepal to recover from flooding.
- More than 1400 people died in Nepal from the flash flood.
- A climate-induced ice-and-rock avalanche occurred in Nepal on August 26.
- The Fund has received pledges from countries totaling more than $820 million.
Outlets: Business Recorder, Daily Maverick, Deutschlandfunk, Free Malaysia Today, Hindustan Times, Inside Climate News, Jamaica Observer, NU.nl, SCMP Asia, The Hindu (International), The Kathmandu Post
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