Significant, but a Drop in the Ocean: Loss and Damage Fund allocates $20 million to Nepal

October 23, 2026 • 07:00 AM

KATHMANDU, Oct. 23: The Board of the Fund for Responding to Loss and Damage (FRLD) has agreed to set aside approximately $20 million in emergency support for Nepal following the devastating Bhote Koshi floods of August 26, marking the first time the international climate fund has moved to respond to a specific disaster.

Read full story at source ( myrepublica.nagariknetwork.com )

Significant, but a Drop in the Ocean: Loss and Damage Fund allocates $20 million to Nepal

Related Stories

Buddhabhumi Nepal Hydropower Company Limited has posted a net loss of Rs 20.24 million and published its 1st quarter company analysis of the fiscal year 2083/84.

Labor sucks millions out of loss-making water bodies

Barahi Hydropower Public Limited has posted a net profit of Rs 6.47 million and published its 1st quarter company analysis of the fiscal year 2083/84.

Samudayik Laghubitta Bittiya Sanstha Limited has posted a net loss of Rs 6.74 million and published its 1st quarter company analysis of the fiscal year 2083/84.

Sign In to Aaja News