Nepal requests UN flood aid
Nepal has requested financial aid from the United Nations Compensation Fund for damages to help rebuild areas affected by the floods and glacial landslides that swept through the border region with China last August. The Nepali government indicated that the cost of reconstruction could reach up to 5 billion US dollars, a significant amount for the country, given the widespread damage and infrastructure destruction. It is worth noting that the new fund to assist developing countries in coping with the impacts of climate change has not been tested before. Its goal is to turn international commitments into tangible actions on the ground.
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