Nepal, Oct. 23 -- The Board of the Fund for Responding to Loss and Damage (FRLD) has agreed to set aside approximately $20 million in emergency support for Nepal following the devastating Bhote Koshi floods of August 26, marking the first time the international climate fund has moved to respond to a specific disaster.

However, climate activists and civil society organisations at home and abroad have warned that the amount is only a fraction of Nepal's estimated losses and damage, calling for a substantial increase in the Fund's resources and faster support for climate-vulnerable communities.

The FRLD Board, at its first-ever extraordinary meeting held virtually on October 22, agreed to set aside approximately $20 million for Nepal fol...