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Nepal's UN loss-and-damage claim covers fraction of flood costs

Original: "Analysis: Nepal’s $20m ‘loss-and-damage’ claim only covers 0.7% of flood costs" # Nepal # UN # UnitedNations https://ww

Nepal has filed a $20 million claim under the UN loss-and-damage fund for flooding, but analysis shows this covers only about 0.7% of the country's actual flood-related costs. The gap highlights how international climate finance falls far short of the real damage developing countries face, raising questions about the fund's scale and adequacy as more nations submit claims.

Why now: New analysis shows the UN loss-and-damage fund's first payout to Nepal is tiny relative to actual flood costs, renewing debate over climate finance adequacy

NepalUnited Nationsloss-and-damage fundCarbon Brief

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• "Analysis: Nepal’s $20m ‘loss-and-damage’ claim only covers 0.7% of flood costs" # Nepal # UN # UnitedNations https://www. carbonbrief.org/analysis-nepal s-20m-loss-and-damage-claim-only-covers-0-7-of-flood-costs · primonatura@mstdn.social · 4

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