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Climate justice needs quicker compensation

Nepal’s experience with the FLD should serve as a case study for reforming the Fund.

Delays in releasing grants can aggravate the hardships of affected communities, slow down the restoration of essential services and increase rebuilding costs.

3 min read Oct 27, 2026 06:00 AM IST First published on: Oct 27, 2026 at 06:00 AM IST

Nearly two months after Nepal suffered devastating floods, the UN climate convention’s Fund for Loss and Damage (FLD) has allocated $21.6 million to the Himalayan nation. This is the first time that the Fund has earmarked a grant for a disaster-affected nation. Kathmandu had invoked the principle of climate justice in its application: Nepal accounts for barely 0.1 per cent of global emissions, yet it is on the frontline of climate change in the Himalaya.…