UN Body Allocates $21.6 Million to Nepal for Climate Disaster Recovery
What happened
A UN body decided to provide $21.6 million to Nepal to assist with the aftermath of catastrophic flash floods that occurred in August. These floods were triggered by a massive rock-ice avalanche and a partial glacier collapse. This decision represents the first response by the UN body to a climate change-induced loss and damage event.
From indiatimes.com
Why it matters
The funding decision endorses the principle that historical polluters, or developed nations, must contribute to funds assisting vulnerable developing countries. The fund was established under the UN climate change framework to help nations particularly vulnerable to adverse climate effects.
The United Nations and the Government of Nepal are jointly leading the UNSDCF process.
From indiatimes.com
Who's involved
- NepalRecipient of the funding following climate-induced flash floods.
- Government of NepalLegislative, executive and judiciary powers of Nepal, receiving disaster funding.
- New DelhiLocation where the UN body made the decision.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Government of NepalSpeculative
The Government of Nepal might gain direct funding access via the UN Loss and Damage Fund for disaster recovery.
Keep exploring
Part of
The United Nations and the Government of Nepal are jointly leading the UNSDCF process.Also in this story
- UNFPA is working alongside the Government of Nepal.
- A company named Trust gained a mandate under the UN initiative for a master plan, which was subsequently approved for implementation by the government of Nepal.