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Nepal Unveils $4.78B Flood Reconstruction Plan After 1,400 Deaths

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Nepal Government Announces Reconstruction
  • Nepal government announced a $4.78 billion reconstruction plan after flash floods killed over 1,400 people.
  • At least 1,386 bodies have been recovered and 5,130 people remain missing across five districts.
  • The floods destroyed more than a dozen hydropower facilities, causing roughly $1 billion in energy sector damage.
  • Nepal seeks $20 million from the UN Loss and Damage Fund and broader climate-justice financing.
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