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loss-and-damage fund
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- 1Nepal's UN flood damage claim falls far short of costs●"Analysis: Nepal’s $20m ‘loss-and-damage’ claim only covers 0.7% of flood costs" # Nepal # UN # UnitedNations https://ww
An analysis by Carbon Brief finds that Nepal's $20 million claim under the UN 'loss and damage' climate fund covers only 0.7% of the actual costs of recent flooding, implying total damages of roughly $2.9 billion. The finding highlights the large gap between climate compensation available to vulnerable countries and the scale of destruction they face.