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Shah Warns Floods
- Prime Minister Balendra Shah warned UN leaders that August floods signal a climate warning.
- A glacier collapse near the Nepal-China border killed at least 1,400 people.
- Damage totals about $5 billion, roughly 15% of GDP, while over 6,000 people remain missing.
- Shah proposed a Himalayan Climate Resilience Mechanism with India and China to share data and early-warning alerts.
- He urged grant-based aid, calling loans and the loss-and-damage fund overly bureaucratic.
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