Nepal Estimates $4.78 Billion Needed to Rebuild After Devastating Floods

Nepal is facing a reconstruction bill of approximately $4.78 billion following severe flood damage in the country. Prime Minister Balendra Shah has committed to highlighting Nepal's climate-related disasters on the international stage. Shah intends to formally raise the issue with the global community, seeking broader attention and likely financial support. Nepal, a mountainous nation highly vulnerable to climate change, has suffered significant infrastructure and humanitarian losses due to the floods.
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