US$5 BILLION DISASTER COST
Khanal said his meetings in New York had been productive, with the United States announcing US$31 million in new flood recovery support.
The G7 informally promised support at a meeting on Wednesday, he said, and Britain has also vowed to help.
Still, the scale of the challenges is enormous: preliminary estimates by his government put the cost of the disaster at US$5 billion.
Nepal has asked the UN’s Loss and Damage fund for US$20 million, the maximum allowed, but a tiny fraction of what it needs.
The fund, established in 2022 in the aftermath of catastrophic floods in Pakistan, has yet to make even its first…
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