OriginalSourceRepublicaNepalLeanUnratedCredibilityUnratedPublished01:15 UTCSourceRepublicaNepalLeanUnratedCredibilityUnratedPublished01:15 UTC
“Climate victims cannot wait for funding paperwork: Minister Chaudhary”
“Speaking at an FRLD-organized COP31 event, Minister Gita Chaudhary says delayed funding is not access, inadequate capitalization is an empty promise, and climate victims must not be forced to borrow for recovery”
Nepal urges grant-based loss-and-damage financing at COP31
Key points
- Nepal urged developed countries to provide loss and damage funding as grants, not loans.
- Minister Gita Chaudhary cited Nepal's Bhote Koshi floods in August 2026 as urgent proof.
- FRLD provisionally allocated USD 21.6 million to Nepal, but Chaudhary calls it inadequate.
- She highlighted 1,500 deaths and 5,000 missing across 34 countries from the disaster.
- Chaudhary urged timely, grant-based, needs-based financing with less bureaucratic delay.
How it got here
Republica publishes the article.
concise.news reads it.