KATHMANDU, Oct 24: The decision by the Fund for Responding to Loss and Damage (FRLD) to earmark $20 million for Nepal marks a significant breakthrough in the global struggle for climate justice. For the first time since the FRLD became operational, its board has agreed to set aside money for a country seeking support for climate-related losses and damage. While the decision recognises the urgent needs of vulnerable countries, it also highlights how far the international community remains from providing finance at the scale and speed required.
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