Nepal’s flood claim covers 0.7% of its losses.

It exposes how thin the fund built to make polluters pay for climate damage remains.

The UN loss-and-damage fund has received $2.8 billion in requests against $0.8 billion pledged, paying out nothing since 2023.

Nepal’s $20 million request, the maximum for a single project, now awaits the fund board’s decision.

How each outlet framed it
Carbon Brief leans critical
quantifies Nepal fund request as 0.7% of $2.7B damage, exposing $2.8B in requests vs $0.8B pledged to loss-and-damage fund

Sources: Carbon Brief