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The Economic Times

National / The Economic Times

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Nepals request for flood payout tests new climate-aid system

Nepal seeks climate compensation for flood damages from a new UN fund. The nation faces immense costs for recovery and rebuilding after recent catastrophic flooding. This fund, established to aid developing nations, is currently underfunded and untested. Nepal's leaders are urging concrete action from the international community for immediate support. The fund's limited resources and scheduled meetings pose significant challenges for rapid assistance.

6 Sep 2026 3:06 pm