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📣 The Fund for Responding to Loss & Damage #FRLD agreed to set aside $20 million for Nepal. This is a necessary sign of solidarity, but a drop in the ocean compared to the billions needed to respond to the devastating floods that have hit the country: www.fillthefund.org/post/frld-ne... A🧵

Nepal’s government estimates the loss and damage from the floods at a minimum of $2.69 billion. These estimates only capture the economic toll, not the lives lost, livelihoods destroyed, cultural heritage erased or the lasting aftermath of displacement & debt for the communities.

What’s clear is that a Fund #FRLD that is desperately under-resourced will remain toothless in the face of escalating climate disasters. 👉 Frontline communities need finance at scale and reparations for the harm they have suffered.

💸 ❌ This is not charity; it is a matter of legal obligation. As the International Court of Justice made clear, States most responsible for the crisis have the duty to deliver meaningful remedies and reparations for climate harm. www.rfi.fr/en/internati...