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Nepal gets $20 mn in UN aid after $2.7 bn flood losses: Is climate finance failing vulnerable nations?

Marcus Chen
Managing Editor · Monday, October 26, 2026 at 5:02 PM · 1 min read
Nepal gets $20 mn in UN aid after $2.7 bn flood losses: Is climate finance failing vulnerable nations? — Mint India, Mumbai Technology news
Image: Mint India

Nepal will receive $20 million from the UN’s loss and damage fund after August floods killed around 1,500 people and caused $2.7 billion in infrastructure losses. With reconstruction costs topping $4.7 billion, the aid highlights the gap between climate finance and vulnerable nations’ needs.

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