🌍✨ Loss and damage fund urged to hold crisis meeting on Nepal
Why we’re watching: After last week’s catastrophic flash flooding caused hundreds of deaths and an estimated $5 billion of destruction in Nepal, some board members of the UN’s new loss and damage fund board have called for an extraordinary meeting to allocate money to help…
Following a direct appeal for funding from Nepal’s government on Monday, developing-country board members gathered online and eight signed a letter, seen by Climate Home News, asking the fund’s board to hold a meeting to respond to the request. 💚
The letter, signed by eight African, Asian and Least Developed Country board members, said the debris-laden torrent – which scientists believe was unleashed by a glacial slope collapsing after unusually hot weather – constitutes “precisely the kind of…
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🔭 What to watch next
- 📌 Key signal: After last week’s catastrophic flash flooding caused hundreds of deaths and an estimated $5 billion of destruction in Nepal, some board members…
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Reporting curated for GreenTV. Original reporting via Climate Home News.