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Nepal Estimates $4.78 Billion Rebuild After Deadly Glacial Floods
A huge rush of water, mud, and debris hit areas near Nepal’s border with China on August 26.
The disaster followed a glacial mountain collapse.
Nepal says 1,385 people have died and 5,130 are still missing.
Rescue teams have saved more than 13,000 people.
The country estimates it will need $4.78 billion to recover and rebuild.
Most of that money will be used for long-term reconstruction.
Roads, bridges, buildings, farmland, and communities were damaged.
The exact reason for the glacial collapse is not yet known.
Scientists say warmer temperatures are causing glaciers in the Himalayas to melt faster.
China also reported deaths and missing people from the disaster.
Nepal estimates approximately $4.78 billion will be needed for reconstruction after the August 26 disaster.
Nepal’s latest figures report 1,385 deaths and 5,130 people still missing.
About $57.67 million is needed for short-term recovery, while $4.71 billion is projected for long-term rebuilding.
Rescue teams have saved 13,676 people, while 21,022 security personnel remain involved in relief operations.
Including neighboring China, the disaster’s combined toll is 1,428 deaths and more than 5,649 missing people.
- Who
- Nepalese communities, rescue teams, security personnel, and authorities; neighboring China was also affected.
- What
- A glacial mountain collapse caused destructive floods, mud, and debris, killing people and damaging infrastructure.
- Where
- Areas near the Nepal-China border, with additional impacts in neighboring China.
- When
- The disaster struck on August 26; the reconstruction estimate was announced on September 11.
- Why
- Nepal needs funding for recovery and reconstruction after the disaster; officials also linked the wider risk to changing mountain conditions and climate change, although the exact cause of the collapse remains unclear.
Key facts
- Nepal deaths
- 1,385
- Missing in Nepal
- 5,130
- Nepal reconstruction estimate
- Approximately $4.78 billion
- Short-term recovery estimate
- Approximately $57.67 million over six months
- Long-term reconstruction estimate
- Approximately $4.71 billion
- People rescued
- 13,676
- Security personnel deployed
- 21,022
Quotes
Lok Bahadur Chhetri
Nepali foreign ministry spokesman
“Given the scale and extent of the damage, the government is also undertaking a comprehensive post-disaster needs assessment to determine the full extent of loss and damage and the requirement for recovery, rebuilding and reconstruction.”
wionews.com
“The total estimated requirement for reconstruction is approximately $4.78 billion.”
wionews.com
Sources
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