India, Sept. 1 -- The Green Climate Fund took seven years to approve Nepal's $49.9m glacier flood resilience project, which aims to protect about 2.4 million people from Glacial Lake Outburst Flood risks.

The delay has come under scrutiny after the August 26 floods in Nepal, which damaged settlements, infrastructure and hydropower projects in the Bhote Koshi and Trishuli river systems.

Campaigners say international lenders financed major hydropower projects in the Trishuli basin despite known climate and disaster risks.

Experts say the disaster raises urgent questions about whether climate adaptation finance is reaching high-risk Himalayan communities quickly enough.

The Green Climate Fund, the international financial institution mand...