World

UN climate disaster fund moves to provide $20m aid for Nepal

WASHINGTON: The United Nations’ climate loss and damage fund moved Thursday to provide $20 million in aid sought by flood-stricken Nepal, the first time it has set aside money for any country, in a key test of the body’s credibility. In an extraordinary meeting, the fund’s board agreed to earmark the modest sum for the Himalayan country, which was hit in August by tsunami-like floods triggered by a climate-induced ice and rock avalanche that killed more than 1,400 people and left over 5,000 mi