The push to get polluters to pay for Nepal's floods

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Nepal estimates recovery from the Rasuwa disaster to cost $4.8 billion, more than 11 percent of the nation’s GDP. They’re requesting $20 million, the maximum account countries can request of the fund, for immediate recovery and to prepare for future disasters. The country framed the request in terms of climate justice, not a request for aid. Nepal’s Foreign Minister said the country paid “the ultimate price for a global crisis [it] did not create.”

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That warming was caused by human-generated greenhouse gas emissions. The Rasuwa disaster is “yet another warning sign,” the report concludes, that climate change is transforming the world’s high mountain environments and producing the conditions for cascading hazards.

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And because they did so little to contribute to the climate emissions that helped trigger their disaster, Nepalese leaders don’t think they should be solely responsible for paying to clean it up.

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Early proposals for what became the loss and damage fund were framed as global insurance—countries would pay into it based on their contributions to emissions. 

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