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The Truth Behind Nepal's 'Compensation Request' Over Floods That Developed Nations Didn't Sign

The massive floods that struck Nepal in August resulted in 1,438 deaths and 5,639 missing persons, as of September 15.

Following the disaster, the Nepali government announced that economic damages and losses amounted to approximately 3.6 trillion KRW, and it is reported that recovery efforts will cost nearly double that, at about 6.3 trillion KRW.

As a developing country, Nepal's cumulative greenhouse gas emissions since the Industrial Revolution account for a mere 0.01%.

The fact that global warming is being pointed to as one of the causes of these massive floods must feel deeply unfair to Nepal.

Consequently, the Nepali government requested about 20 million dollars in support from the Fund for Responding to Loss and Damage (FRLD) under the United Nations Framework Convention on Climate Change (UNFCCC).

What was the outcome?

We captured the story in the video.

(Produced by Yi SeMi | Edited by Lee Ki-eun | Designed by Cho Seung-hyun | Narrated by So Hwan-wook | Produced by Knowledge Content IP Team)
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