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Nepal Asks UN for $20M Climate Loss Compensation

9/8/2026

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Khanal Seeks Compensation
  • Foreign Minister Shisir Khanal asked the UN loss-and-damage fund for $20 million climate compensation.
  • Glacial-rock collapse floods killed at least 1,384 people in Nepal and Tibet and left over 5,500 missing.
  • Preliminary damage estimates total $2.56 billion, with total losses projected above $5 billion.
  • The disaster destroyed a hydropower corridor supplying about 10% of Nepal’s electricity, 20% of capacity under construction.
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