Nepal was struck by devastating floods in August, triggered by a climate-related ice and rock avalanche that killed more than 1,400 people and left over 5,000 missing. (EPA Images pic)WASHINGTON: The UN's climate loss and damage fund moved Thursday to provide US$20 million in aid sought by flood-stricken Nepal, the first time it has set aside money for any country, in a key test of the body's credibility.
In the first extraordinary meeting since its launch in 2022, the fund's board agreed to earmark the modest sum for the Himalayan country, which was hit in August by tsunami-like floods triggered by a climate-induced ice and rock avalanche that killed more than 1,400 people and left over 5,000 missing.
