KATHMANDU, 23 October 2026 — Nepal is set to receive $20 million from the United Nations’ Fund for Responding to Loss and Damage following devastating floods in August, according to a Reuters report citing the government.

The August 26 disaster along the border with China’s Tibet region killed about 1,500 people, while more than 5,000 were reported missing in official figures cited by Reuters.

The flooding affected an estimated 60,000 people from 15,000 families and damaged roads, bridges, schools and 13 hydropower plants.

Preliminary estimates put infrastructure losses at approximately $2.7 billion, while the full reconstruction bill could exceed $4.7 billion.

The UN fund’s support represents less than one per cent of Nepal’s estimated recovery needs, highlighting the challenge of financing reconstruction after climate-related disasters.

Nepal requested assistance shortly after the flood. The allocation is intended to help address severe disaster damage, but further support from donors and development partners will be essential for long-term recovery.

Source: Reuters report carried by ThePrint, 23 October 2026.