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Nepal Minister Urges Wealthy Nations to Pay Climate Bill

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World Desk

In Short: Nepal's foreign minister, Shisir Khanal, urged wealthy nations to pay for climate disasters that disproportionately affect countries like Nepal, which are least responsible for the crisis, during an interview with AFP on Thursday.

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Nepal's foreign minister, Shisir Khanal, urged wealthy nations to pay for climate disasters that disproportionately affect countries like Nepal, which are least responsible for the crisis, during an interview with AFP on Thursday.

Khanal emphasized that climate change is no longer theoretical, pointing to Nepal's recent catastrophe where a glacial collapse triggered a tsunami-like flood, resulting in over 1,400 deaths and 6,000 missing people.

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The economic devastation from the flood runs into billions of dollars, with Nepal requesting $20 million from the UN's Loss and Damage fund, the maximum allowed, but still a fraction of what is needed.

Khanal highlighted Nepal's negligible contribution to global climate change, noting that the country contributes just 0.1 percent of global greenhouse gases and generates over 90 percent of its electricity from hydropower.

He called for more international assistance to develop advanced monitoring systems to track glacial melt and provide early warnings, stressing that Nepal should not bear the burden alone.

Khanal expressed optimism about the support received from Nepal's neighbors and the diaspora, and noted productive meetings in New York, including a $31 million flood recovery support announcement from the United States.

The UN's Loss and Damage fund, established in 2022, remains underfunded and has yet to make its first disbursement, with Nepal seen as a key test case.

G7 nations informally promised support at a meeting on Wednesday, and Britain has also pledged assistance, according to Khanal.

What this adds

The G7's informal promise of support and Britain's pledge add to the growing international response to Nepal's climate disaster.

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