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Nepal's UN flood damage claim falls far short of costs

Original: "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.

Why now: It feeds ongoing debate about whether the new UN loss-and-damage fund is adequate for climate-hit countries.

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Evidence

• "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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