Kathmandu, Oct. 17 -- The Board of the Fund for Responding to Loss and Damage (FRLD) is set to hold its first-ever extraordinary meeting on October 22, to consider emergency funding support for Nepal following devastating floods triggered by an ice-and-rock avalanche in August.

The virtual meeting comes after formal requests from Board members representing Least Developed Countries (LDCs), African States and Asia-Pacific States, alongside sustained calls from civil society groups for an urgent response to Nepal's request for assistance.

According to the proposed Board decision, members will consider provisionally setting aside $21.6 million from the Fund's available resources, including $20 million for potential support to Nepal and $1....