KATHMANDU, Oct 30: Nepal is set to receive a grant of US$21.6 million, equivalent to nearly Rs 3 billion, to support relief and rehabilitation for families affected by the devastating flood in the Bhotekoshi-Trishuli river corridor.
The Fund for Responding to Loss and Damage, established under the United Nations Framework Convention on Climate Change, has approved the grant.
The Ministry of Foreign Affairs announced the decision at a press conference on Friday, saying the fund had approved Nepal’s request for assistance to address the human and economic losses caused by the devastating flood on August 26.
Govt secures less than Rs 3 billion in foreign grants, far shor...
The government had described the disaster as a “Himalayan tsunami” and sought special financial assistance for relief and rehabilitation in the affected areas. Nepal formally submitted its request to the fund’s board on August 31, 2026.
According to the ministry, the board approved the grant at a special meeting held on October 12, 2026.
Meanwhile, Nepal is preparing for high-level participation in the 31st UN Climate Change Conference (COP31), scheduled to take place in Antalya, Türkiye, from November 9 to 20. The ministry said preparations for the conference were being expedited.
Nepal and South Korea are also preparing to sign a Framework Agreement for Cooperation on Climate Change during the conference.
The ministry said Nepal would use various sideline discussions at COP31 to work with other mountainous countries and highlight the impacts of climate change on the Himalayan region and mountain communities.
