Nepal isn’t the only disaster-struck country waiting for money from the global climate Loss and Damage Fund
A rush of mud, rock and water inundated the town of Trishuli, Nepal, on Aug. 26, 2026, after a glacier collapsed. Pedro Pardo/AFP via Getty Images As it faces the enormous task of rebuilding from a deadly flood that tore through communities in the Himalayas, Nepal is seeking compensation from the i…
Résumé
Nepal's flood crisis
In August 2026, Nepal experienced a catastrophic flood triggered by the collapse of a glacier in the Himalayas.
The disaster killed over 1,400 people, destroyed riverside communities, and damaged more than a dozen hydropower dams, cutting off about 10% of Nepal’s electricity.
The flood was described as a 'Himalayan tsunami' by Nepal’s Foreign Minister Shisir Khanal, who linked it directly to climate change caused by global greenhouse gas emissions.
Nepal, which contributes minimally to climate change, is now seeking compensation from the global Loss and Damage Fund to help cover the estimated $4 billion to $5 billion needed for recovery, nearly 10% of the country’s national economy.
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