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UN Loss and Damage Fund Promises Nepal Urgent Flood Support

UN Loss and Damage Fund Promises Nepal Urgent Flood Support
UN fund salve for battered Nepal, Loss and Damage board assures Nepal urgent support · telegraphindia.com

A huge flood hit Nepal after a glacier collapsed near the Nepal-Tibet border.

About 1,400 people died, and more than 5,100 people were still missing.

Nepal says the disaster caused more damage than the country can manage alone.

It asked a United Nations fund for money to help recover.

The fund is designed to help poorer countries facing serious climate-related damage.

Nepal is reportedly asking first for $20 million.

The fund’s leaders said they would try to respond quickly.

Some developing-country board members strongly supported immediate action, but no developed-country members signed their letter.

Key facts

Disaster
A flash flood followed a glacial collapse near the Nepal-Tibet border.
Reported deaths
Around 1,400 people were killed.
Missing people
More than 5,100 people remained missing.
Nepal’s request
An initial $20 million from the Fund for Responding to Loss and Damage.
Nepal’s request date
August 31.
Co-chairs’ response
September 9.
Developing-country support
Eight of 14 developing-country board members and six alternate members signed a call for urgent action.
Developed-country participation
No developed-country board or alternate members signed that letter.

Quotes

Camila Minerva Rodriguez Tavarez and Georg Borsting

Co-chairs of the Fund for Responding to Loss and Damage board

“In our capacity as co-chairs of the board of the Fund for Responding to Loss and Damage (FRLD) … we would like to assure you that we are engaging with the FRLD board to address your request as rapidly as possible”
telegraphindia.com

FRLD board members from developing countries

Board and alternate members representing developing-country groups

“This event constitutes precisely the kind of climate-related extreme weather events the Fund was established to address … The scale of loss of life, displacement, and destruction of energy, transport, and economic infrastructure warrants the Board’s urgent consideration of how the Fund’s existing instruments should be mobilised to support Nepal’s government and affected communities”
telegraphindia.com

Sources

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